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Forex Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

British Pound/South African Rand (FOREX:GBPZAR)

Weak Uptrend (+65) - GBPZAR is showing signs of weakening momentum to the upside. Monitor GBPZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPZAR
Open High Low GBPZAR Price Change
23.314640 23.320405 23.255795 23.275550 -0.039090
Entry Signal

MarketClub’s Trade Triangles for GBPZAR

long term up The long-term trend has been UP since Dec 26th, 2024 at 23.629280

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2025 at 22.948300

short term up The short-term trend has been UP since Feb 2nd, 2025 at 23.308255

Smart Scan Analysis for GBPZAR

Based on our trend formula, GBPZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.314640 23.320405 23.255795 23.275550 -0.039090
Prev. Close Volume Bid Ask Time
23.314640 2025-02-05 02:44:54
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