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.

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

MarketClub’s Trade Triangles for ZARBHD

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

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

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

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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