Forex Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
South African Rand/Tunisian Dinar (FOREX:ZARTND)
Weak Downtrend (-65) - ZARTND is showing signs of a strengthening downtrend. Monitor ZARTND as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZARTND?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARTND
The long-term trend has been UP since Jul 21st, 2020 at 0.17106618
The intermediate-term trend has been DOWN since Jul 28th, 2020 at 0.16647983
The short-term trend has been DOWN since Jul 23rd, 2020 at 0.16863474
Smart Scan Analysis for ZARTND
Based on our trend formula, ZARTND is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).