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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Thai Baht/South African Rand (FOREX:THBZAR)
Long-Term Uptrend (+90) - THBZAR is in a strong uptrend that is likely to continue. While THBZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for THBZAR
The long-term trend has been UP since Dec 23rd, 2024 at 0.53733988
The intermediate-term trend has been UP since Nov 24th, 2024 at 0.52624923
The short-term trend has been UP since Dec 17th, 2024 at 0.52598562
Smart Scan Analysis for THBZAR
Based on our trend formula, THBZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.54902033 | 0.54924441 | 0.54369264 | 0.54576361 | -0.00325700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.54902033 | 2024-12-26 05:58:23 |