Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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.

FOREX_ZARGBP
Open High Low ZARGBP Price Change
0.046710 0.046835 0.046265 0.046480 -0.000230
Entry Signal

MarketClub’s Trade Triangles for ZARGBP

long term down The long-term trend has been DOWN since Oct 16th, 2019 at 0.052765

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 0.044500

short term up The short-term trend has been UP since May 15th, 2020 at 0.044550

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).

+70
Smart Scan Analysis for ZARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.046710 0.046835 0.046265 0.046480 -0.000230
Prev. Close Volume Bid Ask Time
0.046710 0.046450 0.046510 2020-05-25 14:20:57
Get a free daily analysis and signals for South African Rand/British Pound (ZARGBP) - Request Your Free Report.