Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2017.
South African Rand/Tanzanian Shilling (FOREX:ZARTZS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for ZARTZS
The long term trend has been UP since Jan 17th, 2017 at 165.895
The intermediate term trend has been UP since Mar 16th, 2017 at 174.185
The short term trend has been DOWN since Mar 27th, 2017 at 177.565
Smart Scan Analysis for ZARTZS
Based on a pre-defined weighted trend formula for chart analysis, ZARTZS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).