Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
South African Rand/Bulgarian Lev (FOREX:ZARBGN)
Countertrend Down (-85) - ZARBGN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARBGN
The long-term trend has been DOWN since Jan 10th, 2025 at 0.09964479
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 0.10213542
The short-term trend has been UP since Jan 30th, 2025 at 0.10129759
Smart Scan Analysis for ZARBGN
Based on our trend formula, ZARBGN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10107831 | 0.10123417 | 0.10082449 | 0.10082449 | -0.00025400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10082703 | 2025-02-04 22:56:49 |