Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

South African Rand/Bahraini Dinar (FOREX:ZARBHD)

Sidelines Mode (-55) - ZARBHD 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 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
0.02553357 0.02581251 0.02551458 0.02581251 +0.00027900
Entry Signal

MarketClub’s Trade Triangles for ZARBHD

long term down The long-term trend has been DOWN since Jul 23rd, 2021 at 0.02542393

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.02549866

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.02532285

Smart Scan Analysis for ZARBHD

Based on our trend formula, ZARBHD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZARBHD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02553357 0.02581251 0.02551458 0.02581251 +0.00027900
Prev. Close Volume Bid Ask Time
0.02553357 2021-10-15 17:19:10
Get a free daily analysis and signals for South African Rand/Bahraini Dinar (ZARBHD) - Request Your Free Report.