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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
South African Rand/ (FOREX:ZARBTN)
Strong Downtrend (-100) - ZARBTN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARBTN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARBTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARBTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARBTN
The long-term trend has been DOWN since Jan 21st, 2024 at 4.3585946
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 4.3838629
The short-term trend has been DOWN since Apr 15th, 2024 at 4.4565322
Smart Scan Analysis for ZARBTN
Based on our trend formula, ZARBTN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.3300911 | 4.3300911 | 4.3300911 | 4.3300911 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.3300911 | 2024-04-23 07:26:24 |