Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
South African Rand/Tanzanian Shilling (FOREX:ZARTZS)
Countertrend Up (+85) - ZARTZS 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 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 UP since Jul 17th, 2023 at 132.41024
The intermediate-term trend has been UP since Oct 31st, 2023 at 133.81217
The short-term trend has been UP since Nov 27th, 2023 at 133.75109
Smart Scan Analysis for ZARTZS
Based on our trend formula, ZARTZS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).