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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_ARSZAR
Open High Low ARSZAR Price Change
0.774380 0.774505 0.751215 0.751215 -0.023165
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

long term up The long term trend has been UP since Oct 25th, 2017 at 0.800855

intermediate term down The intermediate term trend has been DOWN since Nov 27th, 2017 at 0.792505

short term down The short term trend has been DOWN since Dec 13th, 2017 at 0.785465

Smart Scan Analysis for ARSZAR

Based on a pre-defined weighted trend formula for chart analysis, ARSZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.774380 0.774505 0.751215 0.751215 -0.023165
Prev. Close Volume Bid Ask Time
0.774380 0.751050 0.751380 2017-12-15 12:38:01
Want to analyze Argentine Peso/South African Rand ARSZAR or another symbol? Try our Free Forex Trend Analysis Report.