Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
South African Rand/Thai Baht (FOREX:ZARTHB)
Bear Market Rally (-75) - ZARTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARTHB as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for ZARTHB
The long-term trend has been DOWN since Jul 8th, 2022 at 2.1256871
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 1.8761232
The short-term trend has been UP since Mar 22nd, 2023 at 1.8633909
Smart Scan Analysis for ZARTHB
Based on our trend formula, ZARTHB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).