Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

South African Rand/Botswana Pula (FOREX:ZARBWP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.727385 0.731870 0.716355 0.718755 -0.008630
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

long term down The long term trend has been DOWN since Aug 7th, 2019 at 0.71764

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2019 at 0.74778

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 0.72006

Smart Scan Analysis for ZARBWP

Based on a pre-defined weighted trend formula for chart analysis, ZARBWP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZARBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.727385 0.731870 0.716355 0.718755 -0.008630
Prev. Close Volume Bid Ask Time
0.728040 0.717800 0.719710 2019-08-23 18:21:17
Want to analyze South African Rand/Botswana Pula ZARBWP or another symbol? Try our Free Forex Trend Analysis Report.