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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
South African Rand/ (FOREX:ZARBTN)
Bear Market Rally (-75) - ZARBTN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARBTN as it may be in the beginning of a reversal.
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 DOWN since Jan 21st, 2024 at 4.3585946
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 4.3838629
The short-term trend has been UP since Apr 26th, 2024 at 4.3440569
Smart Scan Analysis for ZARBTN
Based on our trend formula, ZARBTN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4213688 | 4.4213688 | 4.4213688 | 4.4213688 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.4213688 | 2024-04-26 07:26:04 |