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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South African Rand/ (FOREX:ZARBTN)

Strong Downtrend (-100) - ZARBTN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARBTN continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZARBTN?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARBTN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARBTN
Open High Low ZARBTN Price Change
4.6249365 4.6249365 4.6249365 4.6249365 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARBTN

long term down The long-term trend has been DOWN since Dec 21st, 2024 at 4.6593892

intermediate term down The intermediate-term trend has been DOWN since Dec 21st, 2024 at 4.6732100

short term down The short-term trend has been DOWN since Dec 21st, 2024 at 4.7067905

Smart Scan Analysis for ZARBTN

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

-100
Smart Scan Analysis for ZARBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6249365 4.6249365 4.6249365 4.6249365 0.0000000
Prev. Close Volume Bid Ask Time
4.5563526 2024-12-21 08:23:56
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