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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

South African Rand/Botswana Pula (FOREX:ZARBWP)

Bear Market Rally (-75) - ZARBWP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARBWP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZARBWP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARBWP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARBWP
Open High Low ZARBWP Price Change
0.7214114 0.7218936 0.7211017 0.7212408 -0.0001710
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

long term down The long-term trend has been DOWN since Feb 23rd, 2024 at 0.7109977

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 0.7296714

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.7237947

Smart Scan Analysis for ZARBWP

Based on our trend formula, ZARBWP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZARBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7214114 0.7218936 0.7211017 0.7212408 -0.0001710
Prev. Close Volume Bid Ask Time
0.7214114 2024-03-19 01:21:08
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