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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.

FOREX_ZARTHB
Open High Low ZARTHB Price Change
1.8637062 1.8785037 1.8632473 1.8731809 +0.0094750
Entry Signal

MarketClub’s Trade Triangles for ZARTHB

long term up The long-term trend has been UP since Jul 24th, 2023 at 1.9292410

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2023 at 1.9026598

short term up 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).

+55
Smart Scan Analysis for ZARTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8637062 1.8785037 1.8632473 1.8731809 +0.0094750
Prev. Close Volume Bid Ask Time
1.8637062 2023-12-11 14:10:35
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