Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
South African Rand/Tanzanian Shilling (FOREX:ZARTZS)
Bear Market Rally (-75) - ZARTZS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARTZS as it may be in the beginning of a reversal.
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 Jul 23rd, 2021 at 156.44634
The intermediate-term trend has been UP since Oct 19th, 2021 at 158.04255
The short-term trend has been DOWN since Oct 22nd, 2021 at 156.63841
Smart Scan Analysis for ZARTZS
Based on our trend formula, ZARTZS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).