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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

South African Rand/Bulgarian Lev (FOREX:ZARBGN)

Bull Market Weakness (+75) - ZARBGN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARBGN as it may be in the beginning stages 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.

FOREX_ZARBGN
Open High Low ZARBGN Price Change
0.11617490 0.11632227 0.11453900 0.11463493 -0.00154000
Entry Signal

MarketClub’s Trade Triangles for ZARBGN

long term down The long-term trend has been DOWN since Jul 23rd, 2021 at 0.11202491

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 0.11430176

short term up The short-term trend has been UP since Sep 30th, 2021 at 0.11200879

Smart Scan Analysis for ZARBGN

Based on our trend formula, ZARBGN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11617490 0.11632227 0.11453900 0.11463493 -0.00154000
Prev. Close Volume Bid Ask Time
0.11617490 2021-10-21 18:18:35
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