Free Daily Analysis

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.

FOREX_ZARTZS
Open High Low ZARTZS Price Change
157.55117 158.24411 155.31687 155.31687 -2.23430
Entry Signal

MarketClub’s Trade Triangles for ZARTZS

long term down The long-term trend has been DOWN since Jul 23rd, 2021 at 156.44634

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 158.04255

short term down 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).

-75
Smart Scan Analysis for ZARTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.55117 158.24411 155.31687 155.31687 -2.23430
Prev. Close Volume Bid Ask Time
157.55117 2021-10-22 17:01:07
Get a free daily analysis and signals for South African Rand/Tanzanian Shilling (ZARTZS) - Request Your Free Report.