Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
South African Rand/Thai Baht (FOREX:ZARTHB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ZARTHB
The long term trend has been UP since Dec 13th, 2019 at 2.0986000
The intermediate term trend has been DOWN since Jan 13th, 2020 at 2.0984752
The short term trend has been UP since Jan 22nd, 2020 at 2.1072454
Smart Scan Analysis for ZARTHB
Based on a pre-defined weighted trend formula for chart analysis, ZARTHB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).