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Forex Trend Analysis Report

Prepared for you on Monday, March 25, 2019.

South African Rand/Thai Baht (FOREX:ZARTHB)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ZARTHB
Open High Low ZARTHB Price Change
2.18920 2.20710 2.17395 2.20200 +0.01280
Entry Signal

MarketClub’s Trade Triangles for ZARTHB

long term down The long term trend has been DOWN since Apr 23rd, 2018 at 2.56185

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 2.27100

short term down The short term trend has been DOWN since Mar 25th, 2019 at 2.18290

Smart Scan Analysis for ZARTHB

Based on a pre-defined weighted trend formula for chart analysis, ZARTHB scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZARTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.18920 2.20710 2.17395 2.20200 +0.01280
Prev. Close Volume Bid Ask Time
2.18920 2.19980 2.20420 2019-03-25 21:56:44
Want to analyze South African Rand/Thai Baht ZARTHB or another symbol? Try our Free Forex Trend Analysis Report.