Forex Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
South African Rand/New Taiwan Dollar (FOREX:ZARTWD)
Sidelines Mode (+55) - ZARTWD 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 ZARTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARTWD
The long-term trend has been UP since Apr 1st, 2021 at 1.9240592
The intermediate-term trend has been UP since Mar 28th, 2021 at 1.9022597
The short-term trend has been DOWN since Apr 10th, 2021 at 1.9540726
Smart Scan Analysis for ZARTWD
Based on our trend formula, ZARTWD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).