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Forex Trend Analysis Report

Prepared for you on Thursday, July 20, 2017.

South African Rand/Tanzanian Shilling (FOREX:ZARTZS)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

FOREX_ZARTZS
Open High Low ZARTZS Price Change
173.100 173.180 170.015 170.290 -2.810
Entry Signal

MarketClub’s Trade Triangles for ZARTZS

long term up The long term trend has been UP since Jan 17th, 2017 at 165.895

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2017 at 170.560

short term down The short term trend has been DOWN since Jul 20th, 2017 at 170.610

Smart Scan Analysis for ZARTZS

Based on a pre-defined weighted trend formula for chart analysis, ZARTZS scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for ZARTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.100 173.180 170.015 170.290 -2.810
Prev. Close Volume Bid Ask Time
173.1 170.230 170.350 2017-07-20 16:50:48
Want to analyze South African Rand/Tanzanian Shilling ZARTZS or another symbol? Try our Free Forex Trend Analysis Report.