Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Thai Baht/South African Rand (FOREX:THBZAR)

Weak Downtrend (-65) - THBZAR is showing signs of a strengthening downtrend. Monitor THBZAR as it may be building momentum to the downside.

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.

FOREX_THBZAR
Open High Low THBZAR Price Change
0.49660620 0.49736556 0.48907764 0.49153996 -0.00506600
Entry Signal

MarketClub’s Trade Triangles for THBZAR

long term down The long-term trend has been DOWN since Jul 15th, 2020 at 0.52690194

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2021 at 0.49368100

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.49689978

Smart Scan Analysis for THBZAR

Based on our trend formula, THBZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for THBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49660620 0.49736556 0.48907764 0.49153996 -0.00506600
Prev. Close Volume Bid Ask Time
0.49660620 2021-02-26 05:36:37
Get a free daily analysis and signals for Thai Baht/South African Rand (THBZAR) - Request Your Free Report.