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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

South African Rand/Tanzanian Shilling (FOREX:ZARTZS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_ZARTZS
Open High Low ZARTZS Price Change
166.730 166.775 164.960 165.120 -1.610
Entry Signal

MarketClub’s Trade Triangles for ZARTZS

long term up The long term trend has been UP since Dec 3rd, 2018 at 169.015

intermediate term up The intermediate term trend has been UP since Jan 4th, 2019 at 163.575

short term down The short term trend has been DOWN since Jan 21st, 2019 at 166.365

Smart Scan Analysis for ZARTZS

Based on a pre-defined weighted trend formula for chart analysis, ZARTZS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ZARTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
166.730 166.775 164.960 165.120 -1.610
Prev. Close Volume Bid Ask Time
166.730 164.980 165.260 2019-01-22 18:27:49
Want to analyze South African Rand/Tanzanian Shilling ZARTZS or another symbol? Try our Free Forex Trend Analysis Report.