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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/British Pound (FOREX:ZARGBP)
Strong Downtrend (-100) - ZARGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARGBP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARGBP.
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 ZARGBP
The long-term trend has been DOWN since Dec 26th, 2024 at 0.0423245
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.0432310
The short-term trend has been DOWN since Dec 16th, 2024 at 0.0440740
Smart Scan Analysis for ZARGBP
Based on our trend formula, ZARGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0425205 | 0.0429575 | 0.0422510 | 0.0423365 | -0.0001840 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0425205 | 2024-12-26 19:14:47 |