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Forex Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

Thai Baht/South African Rand (FOREX:THBZAR)

Bull Market Weakness (+75) - THBZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid THBZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBZAR
Open High Low THBZAR Price Change
0.46874611 0.47635014 0.46768990 0.47410428 +0.00535800
Entry Signal

MarketClub’s Trade Triangles for THBZAR

long term up The long-term trend has been UP since Oct 29th, 2021 at 0.46151782

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2021 at 0.45130372

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 0.47560715

Smart Scan Analysis for THBZAR

Based on our trend formula, THBZAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46874611 0.47635014 0.46768990 0.47410428 +0.00535800
Prev. Close Volume Bid Ask Time
0.46874611 2021-12-01 23:46:41
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