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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

South African Rand/Thai Baht (FOREX:ZARTHB)

Crossroads (-60) - ZARTHB is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_ZARTHB
Open High Low ZARTHB Price Change
1.9720978 1.9796132 1.9625952 1.9663340 -0.0057640
Entry Signal

MarketClub’s Trade Triangles for ZARTHB

long term up The long-term trend has been UP since Mar 13th, 2024 at 1.9204180

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 1.9725027

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 1.9993418

Smart Scan Analysis for ZARTHB

Based on our trend formula, ZARTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9720978 1.9796132 1.9625952 1.9663340 -0.0057640
Prev. Close Volume Bid Ask Time
1.9720978 2024-07-26 19:32:54
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