Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
South African Rand/Tanzanian Shilling (FOREX:ZARTZS)
Sidelines Mode (+55) - ZARTZS 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 ZARTZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTZS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARTZS
The long-term trend has been DOWN since Feb 20th, 2020 at 152.26082
The intermediate-term trend has been UP since May 20th, 2020 at 128.46079
The short-term trend has been DOWN since May 29th, 2020 at 131.24553
Smart Scan Analysis for ZARTZS
Based on our trend formula, ZARTZS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).