Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
South African Rand/Thai Baht (FOREX:ZARTHB)
Sidelines Mode (+55) - ZARTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for ZARTHB
The long-term trend has been UP since Jul 24th, 2023 at 1.9292410
The intermediate-term trend has been DOWN since Nov 19th, 2023 at 1.9026598
The short-term trend has been UP since Dec 8th, 2023 at 1.8797308
Smart Scan Analysis for ZARTHB
Based on our trend formula, ZARTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).