Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

South African Rand/Tanzanian Shilling (FOREX:ZARTZS)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_ZARTZS
Open High Low ZARTZS Price Change
160.68943 161.51279 160.17800 160.32216 -0.36727
Entry Signal

MarketClub’s Trade Triangles for ZARTZS

long term up The long term trend has been UP since Dec 13th, 2019 at 158.81158

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 159.47307

short term up The short term trend has been UP since Jan 22nd, 2020 at 160.17423

Smart Scan Analysis for ZARTZS

Based on a pre-defined weighted trend formula for chart analysis, ZARTZS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZARTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.68943 161.51279 160.17800 160.32216 -0.36727
Prev. Close Volume Bid Ask Time
160.68943 160.26839 160.37593 2020-01-23 10:07:54
Get a free daily report for South African Rand/Tanzanian Shilling (ZARTZS) - Free Trend Analysis Report.