Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
South African Rand/Tanzanian Shilling (FOREX:ZARTZS)
Bull Market Weakness (+75) - ZARTZS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARTZS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARTZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTZS.
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 ZARTZS
The long-term trend has been UP since Jul 17th, 2023 at 132.41024
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 134.53753
The short-term trend has been UP since Apr 24th, 2024 at 135.46731
Smart Scan Analysis for ZARTZS
Based on our trend formula, ZARTZS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 138.58113 | 139.06387 | 138.05857 | 138.89345 | +0.31232 |
| Prev. Close | Volume | Bid | Ask | Time |
| 138.58113 | 2024-05-02 10:01:46 |