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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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 Dec 23rd, 2024 at 1.8631128
The intermediate-term trend has been DOWN since Nov 22nd, 2024 at 1.9004747
The short-term trend has been DOWN since Dec 16th, 2024 at 1.9020933
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 |
|---|---|---|---|---|
| 1.8214790 | 1.8387266 | 1.8042614 | 1.8075978 | -0.0138810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8214790 | 2024-12-26 16:03:55 |