Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

South African Rand/New Taiwan Dollar (FOREX:ZARTWD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_ZARTWD
Open High Low ZARTWD Price Change
2.1354 2.1354 2.1354 2.1354 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARTWD

long term down The long term trend has been DOWN since Apr 12th, 2018 at 2.4357

intermediate term up The intermediate term trend has been UP since Sep 23rd, 2018 at 2.1037

short term up The short term trend has been UP since Oct 9th, 2018 at 2.1028

Smart Scan Analysis for ZARTWD

Based on a pre-defined weighted trend formula for chart analysis, ZARTWD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ZARTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1354 2.1354 2.1354 2.1354 0.0000
Prev. Close Volume Bid Ask Time
2.1354 2.0751 2.1957 2018-10-21 20:21:05
Want to analyze South African Rand/New Taiwan Dollar ZARTWD or another symbol? Try our Free Forex Trend Analysis Report.