Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, January 14, 2025.
South African Rand/Bulgarian Lev (FOREX:ZARBGN)
Strong Downtrend (-100) - ZARBGN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARBGN continues to fall. Traders should use caution and set stops.
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 DOWN since Jan 10th, 2025 at 0.09964479
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 0.10213542
The short-term trend has been DOWN since Jan 8th, 2025 at 0.10081118
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10048814 | 0.10060550 | 0.10025517 | 0.10032743 | -0.00016100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10048814 | 2025-01-14 18:52:01 |