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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

/South African Rand (FOREX:GHSZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_GHSZAR
Open High Low GHSZAR Price Change
2.96485 2.96485 2.96485 2.96485 0.00000
Entry Signal

MarketClub’s Trade Triangles for GHSZAR

long term up The long term trend has been UP since Jun 17th, 2018 at 2.79880

intermediate term down The intermediate term trend has been DOWN since Sep 23rd, 2018 at 3.03830

short term up The short term trend has been UP since Oct 7th, 2018 at 3.03855

Smart Scan Analysis for GHSZAR

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

+55
Smart Scan Analysis for GHSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.96485 2.96485 2.96485 2.96485 0.00000
Prev. Close Volume Bid Ask Time
2.96485 2.95170 2.97800 2018-10-09 21:28:04
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