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Forex Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
South African Rand/Thai Baht (FOREX:ZARTHB)
Long-Term Uptrend (+90) - ZARTHB is in a strong uptrend that is likely to continue. While ZARTHB 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 ZARTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARTHB
The long-term trend has been UP since Mar 13th, 2024 at 1.9204180
The intermediate-term trend has been UP since Apr 29th, 2024 at 1.9787392
The short-term trend has been UP since Apr 25th, 2024 at 1.9395411
Smart Scan Analysis for ZARTHB
Based on our trend formula, ZARTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9831203 | 1.9975928 | 1.9823912 | 1.9944778 | +0.0113580 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9831203 | 2024-05-06 11:22:04 |