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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Botswana Pula (FOREX:ZARBWP)
Long-Term Downtrend (-90) - ZARBWP is in a strong downtrend that is likely to continue. While ZARBWP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ZARBWP
The long-term trend has been DOWN since Dec 24th, 2024 at 0.7404932
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 0.7484944
The short-term trend has been DOWN since Dec 13th, 2024 at 0.7584399
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7402719 | 0.7475257 | 0.7399697 | 0.7452255 | +0.0049540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7402719 | 2024-12-26 05:01:21 |