Forex Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
South African Rand/Bulgarian Lev (FOREX:ZARBGN)
Strong Uptrend (+100) - ZARBGN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARBGN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZARBGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARBGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARBGN
The long-term trend has been UP since Nov 2nd, 2020 at 0.10347069
The intermediate-term trend has been UP since Oct 22nd, 2020 at 0.10166375
The short-term trend has been UP since Nov 20th, 2020 at 0.10775181
Smart Scan Analysis for ZARBGN
Based on our trend formula, ZARBGN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).