Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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
0.09569462 0.09585942 0.09551022 0.09562752 -0.00006700
Entry Signal

MarketClub’s Trade Triangles for ZARBGN

long term down The long-term trend has been DOWN since Jan 17th, 2024 at 0.09442777

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 0.09613479

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.09565357

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
0.09569462 0.09585942 0.09551022 0.09562752 -0.00006700
Prev. Close Volume Bid Ask Time
0.09569462 2024-03-21 19:10:18
Get a free daily analysis and signals for South African Rand/Bulgarian Lev (ZARBGN) - Request Your Free Report.