Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

South African Rand/Bulgarian Lev (FOREX:ZARBGN)

Bear Market Rally (-75) - ZARBGN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARBGN as it may be in the beginning of a reversal.

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.

Open	High	Low	ZARBGN Price	Change
0.09951875	0.09970283	0.09951875	0.09970283	+0.00018400
Entry Signal

MarketClub’s Trade Triangles for ZARBGN

The long-term trend has been DOWN since Jul 8th, 2022 at 0.11394060

The intermediate-term trend has been DOWN since Jan 16th, 2023 at 0.10666019

The short-term trend has been UP since Mar 23rd, 2023 at 0.09959638

Smart Scan Analysis for ZARBGN

Based on our trend formula, ZARBGN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.09951875	0.09970283	0.09951875	0.09970283	+0.00018400
Prev. Close	Volume	Bid	Ask	Time
0.09951875				2023-03-30 08:01:16

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