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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.

FOREX_ZARTHB
Open High Low ZARTHB Price Change
2.1124757 2.1151144 2.0970601 2.1024090 -0.0100670
Entry Signal

MarketClub’s Trade Triangles for ZARTHB

long term down The long-term trend has been DOWN since Jul 8th, 2022 at 2.1256871

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2022 at 2.1183332

short term down 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).

-90
Smart Scan Analysis for ZARTHB
Strong Downtrend Sideways 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
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