Forex Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
South African Rand/Bahraini Dinar (FOREX:ZARBHD)
Long-Term Uptrend (+90) - ZARBHD is in a strong uptrend that is likely to continue. While ZARBHD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for ZARBHD
The long-term trend has been UP since Apr 24th, 2020 at 0.01995422
The intermediate-term trend has been UP since Apr 24th, 2020 at 0.01995422
The short-term trend has been UP since Jun 2nd, 2020 at 0.02178151
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).