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Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

Philippine Peso/South African Rand (FOREX:PHPZAR)

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_PHPZAR
Open High Low PHPZAR Price Change
0.264465 0.265925 0.263105 0.265100 +0.000635
Entry Signal

MarketClub’s Trade Triangles for PHPZAR

long term up The long term trend has been UP since May 1st, 2018 at 0.24175

intermediate term down The intermediate term trend has been DOWN since Sep 21st, 2018 at 0.26327

short term down The short term trend has been DOWN since Sep 19th, 2018 at 0.27376

Smart Scan Analysis for PHPZAR

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

-60
Smart Scan Analysis for PHPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.264465 0.265925 0.263105 0.265100 +0.000635
Prev. Close Volume Bid Ask Time
0.264465 0.265010 0.265190 2018-09-25 12:38:37
Want to analyze Philippine Peso/South African Rand PHPZAR or another symbol? Try our Free Forex Trend Analysis Report.