Forex Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
South African Rand/Botswana Pula (FOREX:ZARBWP)
Bull Market Weakness (+75) - ZARBWP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARBWP as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for ZARBWP
The long-term trend has been UP since Sep 16th, 2020 at 0.7023137
The intermediate-term trend has been UP since Mar 31st, 2021 at 0.7500586
The short-term trend has been DOWN since Apr 20th, 2021 at 0.7550839
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).