Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Euro/South African Rand (FOREX:EURZAR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_EURZAR
Open High Low EURZAR Price Change
14.56960 14.65253 14.56960 14.60239 +0.03279
Entry Signal

MarketClub’s Trade Triangles for EURZAR

long term up The long term trend has been UP since Apr 25th, 2018 at 15.16760

intermediate term down The intermediate term trend has been DOWN since May 10th, 2018 at 14.74600

short term down The short term trend has been DOWN since May 22nd, 2018 at 14.78971

Smart Scan Analysis for EURZAR

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

-60
Smart Scan Analysis for EURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.56960 14.65253 14.56960 14.60239 +0.03279
Prev. Close Volume Bid Ask Time
14.5696 14.59459 14.61019 2018-05-27 21:06:58
Want to analyze Euro/South African Rand EURZAR or another symbol? Try our Free Forex Trend Analysis Report.