Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
South African Rand/New Taiwan Dollar (FOREX:ZARTWD)
Strong Downtrend (-100) - ZARTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Mar 5th, 2021 at 1.8380927
The intermediate-term trend has been DOWN since Mar 5th, 2021 at 1.8804990
The short-term trend has been DOWN since Feb 25th, 2021 at 1.8805673
Smart Scan Analysis for ZARTWD
Based on our trend formula, ZARTWD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).