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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

South African Rand/Bulgarian Lev (FOREX:ZARBGN)

Sidelines Mode (-55) - ZARBGN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_ZARBGN
Open High Low ZARBGN Price Change
0.10269906 0.10277746 0.10248362 0.10248362 -0.00021500
Entry Signal

MarketClub’s Trade Triangles for ZARBGN

long term up The long-term trend has been UP since Apr 8th, 2024 at 0.09716429

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 0.10157258

short term up The short-term trend has been UP since Dec 3rd, 2024 at 0.10279905

Smart Scan Analysis for ZARBGN

Based on our trend formula, ZARBGN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZARBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10269906 0.10277746 0.10248362 0.10248362 -0.00021500
Prev. Close Volume Bid Ask Time
0.10269906 2024-12-04 13:56:06
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