Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
South African Rand/Botswana Pula (FOREX:ZARBWP)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Dec 19th, 2019 at 0.7524000
The intermediate term trend has been DOWN since Jan 14th, 2020 at 0.7399850
The short term trend has been UP since Jan 29th, 2020 at 0.7469153
Smart Scan Analysis for ZARBWP
Based on a pre-defined weighted trend formula for chart analysis, ZARBWP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7464760 | 0.7473484 | 0.7415138 | 0.7417762 | -0.0047000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7464760 | 0.7415368 | 0.7420155 | 2020-01-29 10:16:01 |