Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
South African Rand/New Taiwan Dollar (FOREX:ZARTWD)
Bull Market Weakness (+75) - ZARTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARTWD as it may be in the beginning stages 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 UP since Sep 18th, 2020 at 1.7843277
The intermediate-term trend has been UP since Oct 26th, 2020 at 1.7492903
The short-term trend has been DOWN since Dec 1st, 2020 at 1.8560780
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).