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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

South African Rand/Tanzanian Shilling (FOREX:ZARTZS)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_ZARTZS
Open High Low ZARTZS Price Change
158.070 159.805 158.065 159.800 +1.730
Entry Signal

MarketClub’s Trade Triangles for ZARTZS

long term down The long term trend has been DOWN since May 1st, 2018 at 182.420

intermediate term down The intermediate term trend has been DOWN since Oct 9th, 2018 at 152.025

short term up The short term trend has been UP since Oct 10th, 2018 at 156.970

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).

-55
Smart Scan Analysis for ZARTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.070 159.805 158.065 159.800 +1.730
Prev. Close Volume Bid Ask Time
158.070 159.750 159.850 2018-10-15 15:51:07
Want to analyze South African Rand/Tanzanian Shilling ZARTZS or another symbol? Try our Free Forex Trend Analysis Report.