
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.
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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).

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 |