Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
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.
MarketClub’s Trade Triangles for ZARTHB
The long-term trend has been UP since Jul 15th, 2020 at 1.8962756
The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 1.8272814
The short-term trend has been DOWN since Jul 24th, 2020 at 1.8997942
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).