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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

South African Rand/Botswana Pula (FOREX:ZARBWP)

Weak Downtrend (-65) - ZARBWP is showing signs of a strengthening downtrend. Monitor ZARBWP as it may be building momentum to the downside.

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
0.7195007 0.7202675 0.7114324 0.7120360 -0.0074650
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

long term up The long-term trend has been UP since Jul 18th, 2023 at 0.7379999

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2023 at 0.7148160

short term down The short-term trend has been DOWN since Oct 3rd, 2023 at 0.7184241

Smart Scan Analysis for ZARBWP

Based on our trend formula, ZARBWP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7195007 0.7202675 0.7114324 0.7120360 -0.0074650
Prev. Close Volume Bid Ask Time
0.7195007 2023-10-03 22:10:38
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