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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Thai Baht/South African Rand (FOREX:THBZAR)
Crossroads (-60) - THBZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid THBZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBZAR.
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 THBZAR
The long-term trend has been UP since Dec 23rd, 2024 at 0.53733988
The intermediate-term trend has been DOWN since May 1st, 2025 at 0.55180634
The short-term trend has been DOWN since May 8th, 2025 at 0.55377897
Smart Scan Analysis for THBZAR
Based on our trend formula, THBZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.55156380 | 0.55263116 | 0.54969920 | 0.55088834 | -0.00067500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.55156380 | 2025-05-09 07:27:27 |