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Forex Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

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

Crossroads (+60) - ZARTWD is struggling to move into a solid trend. Beware of choppy markets 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
1.8450775 1.8557005 1.8385325 1.8491667 +0.0040890
Entry Signal

MarketClub’s Trade Triangles for ZARTWD

long term down The long-term trend has been DOWN since Jun 2nd, 2022 at 1.8041058

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 1.8363737

short term up The short-term trend has been UP since Aug 8th, 2022 at 1.8091205

Smart Scan Analysis for ZARTWD

Based on our trend formula, ZARTWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZARTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8450775 1.8557005 1.8385325 1.8491667 +0.0040890
Prev. Close Volume Bid Ask Time
1.8450775 2022-08-12 17:06:42
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