Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
South African Rand/New Taiwan Dollar (FOREX:ZARTWD)
Bear Market Rally (-75) - ZARTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARTWD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZARTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARTWD
The long-term trend has been DOWN since Dec 18th, 2024 at 1.7706656
The intermediate-term trend has been DOWN since Apr 2nd, 2025 at 1.7801144
The short-term trend has been UP since May 7th, 2025 at 1.6692450
Smart Scan Analysis for ZARTWD
Based on our trend formula, ZARTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6533550 | 1.6653687 | 1.6396596 | 1.6605146 | +0.0071600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6533550 | 2025-05-09 07:08:55 |