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Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

South African Rand/Tanzanian Shilling (FOREX:ZARTZS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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.

Open High Low ZARTZS Price Change
151.365 151.895 150.665 150.820 -0.545
Entry Signal

MarketClub’s Trade Triangles for ZARTZS

long term down The long term trend has been DOWN since May 28th, 2019 at 157.690

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2019 at 161.045

short term up The short term trend has been UP since Aug 21st, 2019 at 151.155

Smart Scan Analysis for ZARTZS

Based on a pre-defined weighted trend formula for chart analysis, ZARTZS scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZARTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.365 151.895 150.665 150.820 -0.545
Prev. Close Volume Bid Ask Time
151.365 150.770 150.870 2019-08-22 12:39:37
Want to analyze South African Rand/Tanzanian Shilling ZARTZS or another symbol? Try our Free Forex Trend Analysis Report.