Forex Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
South African Rand/Thai Baht (FOREX:ZARTHB)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for ZARTHB
The long term trend has been UP since Dec 20th, 2017 at 2.5940
The intermediate term trend has been UP since Nov 27th, 2017 at 2.3662
The short term trend has been UP since Feb 7th, 2018 at 2.6501
Smart Scan Analysis for ZARTHB
Based on a pre-defined weighted trend formula for chart analysis, ZARTHB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).