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Forex Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

South African Rand/ (FOREX:ZARBTN)

Sidelines Mode (+50) - ZARBTN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARBTN can gain momentum.

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.

FOREX_ZARBTN
Open High Low ZARBTN Price Change
4.9608299 4.9608299 4.9608299 4.9608299 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARBTN

long term down The long-term trend has been DOWN since May 2nd, 2022 at 4.8774750

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2022 at 4.8306672

short term up The short-term trend has been UP since May 25th, 2022 at 4.8964805

Smart Scan Analysis for ZARBTN

Based on our trend formula, ZARBTN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9608299 4.9608299 4.9608299 4.9608299 0.0000000
Prev. Close Volume Bid Ask Time
4.9608299 2022-05-25 07:19:24
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