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Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

South African Rand/ (FOREX:ZARBTN)

Sidelines Mode (+55) - ZARBTN 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 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
4.5515424 4.5515424 4.4977730 4.4977730 -0.0537690
Entry Signal

MarketClub’s Trade Triangles for ZARBTN

long term up The long-term trend has been UP since Apr 30th, 2020 at 4.0481813

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2020 at 4.4246349

short term down The short-term trend has been DOWN since Jul 29th, 2020 at 4.5017895

Smart Scan Analysis for ZARBTN

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

+55
Smart Scan Analysis for ZARBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5515424 4.5515424 4.4977730 4.4977730 -0.0537690
Prev. Close Volume Bid Ask Time
4.2582117 4.4464966 4.5490495 2020-07-29 21:15:16
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