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.
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MarketClub’s Trade Triangles for ZARBWP
The long-term trend has been DOWN since Feb 23rd, 2024 at 0.7109977
The intermediate-term trend has been UP since Mar 12th, 2024 at 0.7296714
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).
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 |