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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Indonesian Rupiah/South African Rand (FOREX:IDRZAR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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_IDRZAR
Open High Low IDRZAR Price Change
0.096910 0.097170 0.095335 0.095370 -0.001540
Entry Signal

MarketClub’s Trade Triangles for IDRZAR

long term up The long term trend has been UP since May 1st, 2018 at 0.089935

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2018 at 0.088490

short term down The short term trend has been DOWN since Jun 21st, 2018 at 0.096220

Smart Scan Analysis for IDRZAR

Based on a pre-defined weighted trend formula for chart analysis, IDRZAR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for IDRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.096910 0.097170 0.095335 0.095370 -0.001540
Prev. Close Volume Bid Ask Time
0.096910 0.095340 0.095400 2018-06-22 16:47:51
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