Forex Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

South African Rand/Botswana Pula (FOREX:ZARBWP)

Long-Term Uptrend (+90) - ZARBWP is in a strong uptrend that is likely to continue. While ZARBWP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

Open	High	Low	ZARBWP Price	Change
0.7364705	0.7410432	0.7364378	0.7379935	+0.0015230
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

The long-term trend has been UP since Apr 12th, 2024 at 0.7376446

The intermediate-term trend has been UP since Apr 30th, 2024 at 0.7386574

The short-term trend has been UP since May 9th, 2024 at 0.7384349

Smart Scan Analysis for ZARBWP

Based on our trend formula, ZARBWP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.7364705	0.7410432	0.7364378	0.7379935	+0.0015230
Prev. Close	Volume	Bid	Ask	Time
0.7364705				2024-05-10 09:03:46

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