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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

South African Rand/Tanzanian Shilling (FOREX:ZARTZS)

Sidelines Mode (-55) - ZARTZS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZARTZS?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTZS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARTZS
Open High Low ZARTZS Price Change
134.84220 136.84773 134.80504 136.03464 +1.19244
Entry Signal

MarketClub’s Trade Triangles for ZARTZS

long term up The long-term trend has been UP since Jul 17th, 2023 at 132.41024

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 134.53753

short term up The short-term trend has been UP since Apr 24th, 2024 at 135.46731

Smart Scan Analysis for ZARTZS

Based on our trend formula, ZARTZS is rated as a -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
134.84220 136.84773 134.80504 136.03464 +1.19244
Prev. Close Volume Bid Ask Time
134.84220 2024-04-25 12:35:21
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