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Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
South African Rand/Thai Baht (FOREX:ZARTHB)
Long-Term Downtrend (-90) - ZARTHB is in a strong downtrend that is likely to continue. While ZARTHB 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 ZARTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTHB.
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 ZARTHB
The long-term trend has been DOWN since Jul 8th, 2022 at 2.1256871
The intermediate-term trend has been DOWN since Aug 18th, 2022 at 2.1183332
The short-term trend has been DOWN since Aug 15th, 2022 at 2.1583200
Smart Scan Analysis for ZARTHB
Based on our trend formula, ZARTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1124757 | 2.1151144 | 2.0970601 | 2.1024090 | -0.0100670 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1124757 | 2022-08-19 16:45:10 |