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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

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

Countertrend Up (+85) - ZARTWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1.7919119 1.7974262 1.7824237 1.7951925 +0.0032810
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 up The intermediate-term trend has been UP since Jun 17th, 2024 at 1.7740237

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 1.7928180

Smart Scan Analysis for ZARTWD

Based on our trend formula, ZARTWD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ZARTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7919119 1.7974262 1.7824237 1.7951925 +0.0032810
Prev. Close Volume Bid Ask Time
1.7919119 2024-07-19 17:00:01
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