Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

South African Rand/Ethiopian Birr (FOREX:ZARETB)

Strong Uptrend (+100) - ZARETB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARETB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_ZARETB
Open High Low ZARETB Price Change
7.376020 7.415809 7.371134 7.409647 +0.033627
Entry Signal

MarketClub’s Trade Triangles for ZARETB

long term up The long-term trend has been UP since May 2nd, 2025 at 7.301860

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2025 at 7.235301

short term up The short-term trend has been UP since May 8th, 2025 at 7.376175

Smart Scan Analysis for ZARETB

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

+100
Smart Scan Analysis for ZARETB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.376020 7.415809 7.371134 7.409647 +0.033627
Prev. Close Volume Bid Ask Time
7.376020 2025-05-09 07:11:59
Get a free daily analysis and signals for South African Rand/Ethiopian Birr (ZARETB) - Request Your Free Report.