Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

South African Rand/Botswana Pula (FOREX:ZARBWP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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.

FOREX_ZARBWP
Open High Low ZARBWP Price Change
0.750040 0.750665 0.743115 0.746205 -0.003835
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

long term up The long term trend has been UP since Dec 3rd, 2018 at 0.771285

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2019 at 0.753915

short term up The short term trend has been UP since Mar 20th, 2019 at 0.745170

Smart Scan Analysis for ZARBWP

Based on a pre-defined weighted trend formula for chart analysis, ZARBWP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ZARBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.750040 0.750665 0.743115 0.746205 -0.003835
Prev. Close Volume Bid Ask Time
0.750040 0.746000 0.746410 2019-03-22 06:46:11
Want to analyze South African Rand/Botswana Pula ZARBWP or another symbol? Try our Free Forex Trend Analysis Report.