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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

South African Rand/Botswana Pula (FOREX:ZARBWP)

Long-Term Uptrend (+90) - ZARBWP is in a strong uptrend that is likely to continue. While ZARBWP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_ZARBWP
Open High Low ZARBWP Price Change
0.7466791 0.7467845 0.7411410 0.7416638 -0.0050150
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.7376446

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 0.7386574

short term up The short-term trend has been UP since May 16th, 2024 at 0.7412314

Smart Scan Analysis for ZARBWP

Based on our trend formula, ZARBWP is rated as a +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
0.7466791 0.7467845 0.7411410 0.7416638 -0.0050150
Prev. Close Volume Bid Ask Time
0.7466791 2024-05-22 07:59:05
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