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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
South African Rand/British Pound (FOREX:ZARGBP)
Crossroads (+60) - ZARGBP 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 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 May 2nd, 2025 at 0.0407725
The short-term trend has been UP since Apr 30th, 2025 at 0.0403395
Smart Scan Analysis for ZARGBP
Based on our trend formula, ZARGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0413890 | 0.0415050 | 0.0413110 | 0.0413645 | -0.0000250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0413890 | 2025-05-09 07:48:56 |