Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
South African Rand/Botswana Pula (FOREX:ZARBWP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for ZARBWP
The long term trend has been DOWN since Aug 7th, 2019 at 0.71764
The intermediate term trend has been DOWN since Jul 26th, 2019 at 0.74778
The short term trend has been DOWN since Aug 23rd, 2019 at 0.72006
Smart Scan Analysis for ZARBWP
Based on a pre-defined weighted trend formula for chart analysis, ZARBWP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.727385 | 0.731870 | 0.716355 | 0.718755 | -0.008630 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.728040 | 0.717800 | 0.719710 | 2019-08-23 18:21:17 |