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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Moroccan Dirham/South African Rand (FOREX:MADZAR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MADZAR
Open High Low MADZAR Price Change
1.54035 1.54035 1.54035 1.54035 0.00000
Entry Signal

MarketClub’s Trade Triangles for MADZAR

long term up The long term trend has been UP since Apr 25th, 2018 at 1.3413

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 1.4378

short term up The short term trend has been UP since Aug 1st, 2018 at 1.4036

Smart Scan Analysis for MADZAR

Based on a pre-defined weighted trend formula for chart analysis, MADZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.54035 1.54035 1.54035 1.54035 0.00000
Prev. Close Volume Bid Ask Time
1.54035 1.49790 1.58280 2018-08-20 03:57:28
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