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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

South African Rand/Botswana Pula (FOREX:ZARBWP)

Sidelines Mode (+55) - ZARBWP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_ZARBWP
Open High Low ZARBWP Price Change
0.7689860 0.7698920 0.7613634 0.7638981 -0.0050880
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

long term down The long-term trend has been DOWN since Jul 6th, 2022 at 0.7488821

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 0.7634343

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 0.7619493

Smart Scan Analysis for ZARBWP

Based on our trend formula, ZARBWP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7689860 0.7698920 0.7613634 0.7638981 -0.0050880
Prev. Close Volume Bid Ask Time
0.7689860 2022-08-15 17:06:48
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