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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Egyptian Pound/South African Rand (FOREX:EGPZAR)

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_EGPZAR
Open High Low EGPZAR Price Change
0.793020 0.805460 0.792215 0.801480 +0.008460
Entry Signal

MarketClub’s Trade Triangles for EGPZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 0.758430

intermediate term up The intermediate term trend has been UP since Dec 9th, 2018 at 0.793265

short term down The short term trend has been DOWN since Dec 12th, 2018 at 0.786010

Smart Scan Analysis for EGPZAR

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

-55
Smart Scan Analysis for EGPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.793020 0.805460 0.792215 0.801480 +0.008460
Prev. Close Volume Bid Ask Time
0.793020 0.801230 0.801730 2018-12-14 18:07:44
Want to analyze Egyptian Pound/South African Rand EGPZAR or another symbol? Try our Free Forex Trend Analysis Report.