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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

South African Rand/Tanzanian Shilling (FOREX:ZARTZS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
159.510 160.415 159.260 160.310 +0.800
Entry Signal

MarketClub’s Trade Triangles for ZARTZS

long term up The long term trend has been UP since Dec 3rd, 2018 at 169.015

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2019 at 160.520

short term down The short term trend has been DOWN since May 17th, 2019 at 160.490

Smart Scan Analysis for ZARTZS

Based on a pre-defined weighted trend formula for chart analysis, ZARTZS scored -60 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
159.510 160.415 159.260 160.310 +0.800
Prev. Close Volume Bid Ask Time
159.510 160.260 160.360 2019-05-22 07:41:56
Want to analyze South African Rand/Tanzanian Shilling ZARTZS or another symbol? Try our Free Forex Trend Analysis Report.