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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

South African Rand/Bahraini Dinar (FOREX:ZARBHD)

Long-Term Uptrend (+90) - ZARBHD is in a strong uptrend that is likely to continue. While ZARBHD 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 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
0.02086371 0.02086371 0.02077449 0.02077449 -0.00008900
Entry Signal

MarketClub’s Trade Triangles for ZARBHD

long term up The long-term trend has been UP since May 3rd, 2024 at 0.02042833

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 0.02042833

short term up The short-term trend has been UP since May 10th, 2024 at 0.02043801

Smart Scan Analysis for ZARBHD

Based on our trend formula, ZARBHD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02086371 0.02086371 0.02077449 0.02077449 -0.00008900
Prev. Close Volume Bid Ask Time
0.02086371 2024-05-22 03:33:36
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