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Forex Trend Analysis Report

Prepared for you on Monday, June 25, 2018.

Australian Dollar/South African Rand (FOREX:AUDZAR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.

FOREX_AUDZAR
Open High Low AUDZAR Price Change
9.98985 10.04655 9.97705 10.03450 +0.04465
Entry Signal

MarketClub’s Trade Triangles for AUDZAR

long term up The long term trend has been UP since May 18th, 2018 at 9.60720

intermediate term up The intermediate term trend has been UP since May 18th, 2018 at 9.55835

short term down The short term trend has been DOWN since Jun 22nd, 2018 at 10.00750

Smart Scan Analysis for AUDZAR

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

+85
Smart Scan Analysis for AUDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.98985 10.04655 9.97705 10.03450 +0.04465
Prev. Close Volume Bid Ask Time
9.98985 10.03100 10.03800 2018-06-25 04:12:09
Want to analyze Australian Dollar/South African Rand AUDZAR or another symbol? Try our Free Forex Trend Analysis Report.