Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
South African Rand/Botswana Pula (FOREX:ZARBWP)
Strong Downtrend (-100) - ZARBWP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ZARBWP
The long-term trend has been DOWN since Feb 26th, 2020 at 0.72250210
The intermediate-term trend has been DOWN since Jan 14th, 2020 at 0.73998500
The short-term trend has been DOWN since Mar 27th, 2020 at 0.66556631
Smart Scan Analysis for ZARBWP
Based on our trend formula, ZARBWP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).