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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

South African Rand/Bahraini Dinar (FOREX:ZARBHD)

Long-Term Downtrend (-90) - ZARBHD is in a strong downtrend that is likely to continue. While ZARBHD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZARBHD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARBHD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARBHD
Open High Low ZARBHD Price Change
0.02308829 0.02311606 0.02272152 0.02278478 -0.00030400
Entry Signal

MarketClub’s Trade Triangles for ZARBHD

long term down The long-term trend has been DOWN since May 2nd, 2022 at 0.02348363

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.02371326

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 0.02348897

Smart Scan Analysis for ZARBHD

Based on our trend formula, ZARBHD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZARBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02308829 0.02311606 0.02272152 0.02278478 -0.00030400
Prev. Close Volume Bid Ask Time
0.02308829 2022-07-05 17:47:04
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