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Forex Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

South African Rand/New Taiwan Dollar (FOREX:ZARTWD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ZARTWD
Open High Low ZARTWD Price Change
2.0650 2.0650 2.0650 2.0650 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARTWD

long term down The long term trend has been DOWN since Aug 11th, 2019 at 2.07925

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2019 at 2.19750

short term down The short term trend has been DOWN since Jul 25th, 2019 at 2.22785

Smart Scan Analysis for ZARTWD

Based on a pre-defined weighted trend formula for chart analysis, ZARTWD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZARTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0650 2.0650 2.0650 2.0650 0.0000
Prev. Close Volume Bid Ask Time
2.0650 2.0061 2.1239 2019-08-15 21:07:52
Want to analyze South African Rand/New Taiwan Dollar ZARTWD or another symbol? Try our Free Forex Trend Analysis Report.