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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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
1.8138482 1.8232618 1.8105222 1.8153367 +0.0014890
Entry Signal

MarketClub’s Trade Triangles for ZARTWD

long term up The long-term trend has been UP since Apr 3rd, 2024 at 1.7134479

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 1.8066291

short term down The short-term trend has been DOWN since Oct 23rd, 2024 at 1.8098143

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
1.8138482 1.8232618 1.8105222 1.8153367 +0.0014890
Prev. Close Volume Bid Ask Time
1.8138482 2024-10-25 17:06:22
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