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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

South African Rand/Bahraini Dinar (FOREX:ZARBHD)

Crossroads (-60) - ZARBHD 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 ZARBHD?

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

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

FOREX_ZARBHD
Open High Low ZARBHD Price Change
0.02138222 0.02141470 0.02136324 0.02141184 +0.00003000
Entry Signal

MarketClub’s Trade Triangles for ZARBHD

long term up The long-term trend has been UP since Dec 29th, 2022 at 0.02227713

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2023 at 0.02178063

short term down The short-term trend has been DOWN since Feb 3rd, 2023 at 0.02156499

Smart Scan Analysis for ZARBHD

Based on our trend formula, ZARBHD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02138222 0.02141470 0.02136324 0.02141184 +0.00003000
Prev. Close Volume Bid Ask Time
0.02138222 2023-02-07 11:55:50
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