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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

South African Rand/New Taiwan Dollar (FOREX:ZARTWD)

Sidelines Mode (+55) - ZARTWD 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 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.

FOREX_ZARTWD
Open High Low ZARTWD Price Change
1.6905630 1.6918794 1.6778552 1.6822987 -0.0082640
Entry Signal

MarketClub’s Trade Triangles for ZARTWD

long term down The long-term trend has been DOWN since Dec 11th, 2023 at 1.6406435

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 1.6796025

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 1.6813317

Smart Scan Analysis for ZARTWD

Based on our trend formula, ZARTWD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6905630 1.6918794 1.6778552 1.6822987 -0.0082640
Prev. Close Volume Bid Ask Time
1.6905630 2024-03-28 08:24:41
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