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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Botswana Pula (FOREX:ZARBWP)
Countertrend Up (+85) - ZARBWP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Apr 12th, 2024 at 0.7376446
The intermediate-term trend has been UP since Jun 14th, 2024 at 0.7483355
The short-term trend has been UP since Jul 26th, 2024 at 0.7449532
Smart Scan Analysis for ZARBWP
Based on our trend formula, ZARBWP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7429931 | 0.7476402 | 0.7399471 | 0.7413604 | -0.0016330 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7429931 | 2024-07-26 17:00:05 |