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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South African Rand/ (FOREX:ZARBTN)
Weak Downtrend (-65) - ZARBTN is showing signs of a strengthening downtrend. Monitor ZARBTN as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for ZARBTN
The long-term trend has been UP since May 1st, 2024 at 4.4920618
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 4.7500111
The short-term trend has been DOWN since Nov 12th, 2024 at 4.7500111
Smart Scan Analysis for ZARBTN
Based on our trend formula, ZARBTN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.675764 | 4.675764 | 4.675764 | 4.675764 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.635386 | 2024-11-12 07:25:06 |