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.
MarketClub’s Trade Triangles for ZARTZS
The long term trend has been UP since Dec 3rd, 2018 at 169.015
The intermediate term trend has been UP since Jan 4th, 2019 at 163.575
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).