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.

FOREX_ZARBWP
Open High Low ZARBWP Price Change
0.7464760 0.7473484 0.7415138 0.7417762 -0.0047000
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

long term up The long term trend has been UP since Dec 19th, 2019 at 0.7524000

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2020 at 0.7399850

short term up 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).

-55
Smart Scan Analysis for ZARBWP
Strong Downtrend Sideways 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
Get a free daily report for South African Rand/Botswana Pula (ZARBWP) - Free Trend Analysis Report.