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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/Thai Baht (FOREX:ZARTHB)
Countertrend Up (+85) - ZARTHB 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 ZARTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTHB.
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 ZARTHB
The long-term trend has been UP since Mar 13th, 2024 at 1.9204180
The intermediate-term trend has been UP since Apr 29th, 2024 at 1.9787392
The short-term trend has been DOWN since May 8th, 2024 at 1.9806602
Smart Scan Analysis for ZARTHB
Based on our trend formula, ZARTHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9875873 | 1.9923888 | 1.9838504 | 1.9923439 | +0.0047570 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9875873 | 2024-05-09 04:21:06 |