Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
South African Rand/Bahraini Dinar (FOREX:ZARBHD)
Strong Uptrend (+100) - ZARBHD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARBHD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for ZARBHD
The long-term trend has been UP since Apr 24th, 2020 at 0.01995422
The intermediate-term trend has been UP since Apr 1st, 2021 at 0.02577362
The short-term trend has been UP since Apr 14th, 2021 at 0.02601034
Smart Scan Analysis for ZARBHD
Based on our trend formula, ZARBHD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).