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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.
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MarketClub’s Trade Triangles for ZARBHD
The long-term trend has been DOWN since May 2nd, 2022 at 0.02348363
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.02371326
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).
| 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 |