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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

FOREX_ARSZAR
Open High Low ARSZAR Price Change
0.394910 0.394980 0.390825 0.391640 -0.003270
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

long term down The long term trend has been DOWN since Dec 18th, 2017 at 0.740325

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 0.393160

short term up The short term trend has been UP since Oct 12th, 2018 at 0.402225

Smart Scan Analysis for ARSZAR

Based on a pre-defined weighted trend formula for chart analysis, ARSZAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.394910 0.394980 0.390825 0.391640 -0.003270
Prev. Close Volume Bid Ask Time
0.394910 0.391600 0.391680 2018-10-15 13:26:27
Want to analyze Argentine Peso/South African Rand ARSZAR or another symbol? Try our Free Forex Trend Analysis Report.