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Forex Trend Analysis Report

Prepared for you on Tuesday, February 18, 2025.

South African Rand/British Pound (FOREX:ZARGBP)

Bear Market Rally (-75) - ZARGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARGBP as it may be in the beginning 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
0.0430335 0.0430400 0.0429700 0.0429730 -0.0000610
Entry Signal

MarketClub’s Trade Triangles for ZARGBP

long term down The long-term trend has been DOWN since Dec 26th, 2024 at 0.0423245

intermediate term up The intermediate-term trend has been UP since Jan 15th, 2025 at 0.0435340

short term down The short-term trend has been DOWN since Feb 13th, 2025 at 0.0433160

Smart Scan Analysis for ZARGBP

Based on our trend formula, ZARGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0430335 0.0430400 0.0429700 0.0429730 -0.0000610
Prev. Close Volume Bid Ask Time
0.0430335 2025-02-18 01:10:58
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