
Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
South African Rand/Ethiopian Birr (FOREX:ZARETB)
Crossroads (+60) - ZARETB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ZARETB
The long-term trend has been DOWN since Mar 7th, 2023 at 2.8985603
The intermediate-term trend has been UP since Mar 23rd, 2023 at 2.9837082
The short-term trend has been UP since Mar 22nd, 2023 at 2.9252153
Smart Scan Analysis for ZARETB
Based on our trend formula, ZARETB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
2.9679814 | 2.9860909 | 2.9544909 | 2.9703317 | +0.0023500 |
Prev. Close | Volume | Bid | Ask | Time |
2.9679814 | 2023-03-23 19:55:19 |