Forex Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
South African Rand/Tanzanian Shilling (FOREX:ZARTZS)
Long-Term Uptrend (+90) - ZARTZS is in a strong uptrend that is likely to continue. While ZARTZS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Oct 21st, 2020 at 141.69343
The short-term trend has been UP since Nov 20th, 2020 at 151.54239
Smart Scan Analysis for ZARTZS
Based on our trend formula, ZARTZS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).