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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

South African Rand/Thai Baht (FOREX:ZARTHB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.

Open High Low ZARTHB Price Change
2.29470 2.29675 2.27330 2.27540 -0.01930
Entry Signal

MarketClub’s Trade Triangles for ZARTHB

long term down The long term trend has been DOWN since Apr 23rd, 2018 at 2.56185

intermediate term up The intermediate term trend has been UP since Jan 11th, 2019 at 2.31575

short term down The short term trend has been DOWN since Jan 18th, 2019 at 2.29770

Smart Scan Analysis for ZARTHB

Based on a pre-defined weighted trend formula for chart analysis, ZARTHB scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZARTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.29470 2.29675 2.27330 2.27540 -0.01930
Prev. Close Volume Bid Ask Time
2.29470 2.27320 2.27760 2019-01-22 19:33:47
Want to analyze South African Rand/Thai Baht ZARTHB or another symbol? Try our Free Forex Trend Analysis Report.