Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
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 UP since Jul 22nd, 2020 at 141.66515
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 152.34655
The short-term trend has been UP since Mar 3rd, 2021 at 155.62066
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).