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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Tanzanian Shilling (FOREX:ZARTZS)
Long-Term Downtrend (-90) - ZARTZS is in a strong downtrend that is likely to continue. While ZARTZS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ZARTZS
The long-term trend has been DOWN since Dec 6th, 2024 at 144.47014
The intermediate-term trend has been DOWN since Oct 17th, 2024 at 154.32797
The short-term trend has been DOWN since Dec 10th, 2024 at 143.89623
Smart Scan Analysis for ZARTZS
Based on our trend formula, ZARTZS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 129.25659 | 130.52315 | 128.03156 | 128.37317 | -0.88342 |
| Prev. Close | Volume | Bid | Ask | Time |
| 129.25659 | 2024-12-26 21:05:03 |