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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
South African Rand/British Pound (FOREX:ZARGBP)
Bull Market Weakness (+75) - ZARGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARGBP.
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 ZARGBP
The long-term trend has been DOWN since Dec 26th, 2024 at 0.0423245
The intermediate-term trend has been UP since Jan 15th, 2025 at 0.0435340
The short-term trend has been UP since Jan 14th, 2025 at 0.0431865
Smart Scan Analysis for ZARGBP
Based on our trend formula, ZARGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0438075 | 0.0439250 | 0.0436145 | 0.0437845 | -0.0000230 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0438075 | 2025-01-20 09:49:19 |