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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Qatari Rial/South African Rand (FOREX:QARZAR)

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_QARZAR
Open High Low QARZAR Price Change
3.9285 3.9609 3.9082 3.9153 -0.0132
Entry Signal

MarketClub’s Trade Triangles for QARZAR

long term up The long term trend has been UP since May 1st, 2018 at 3.43265

intermediate term up The intermediate term trend has been UP since Oct 9th, 2018 at 4.12280

short term down The short term trend has been DOWN since Oct 23rd, 2018 at 3.90930

Smart Scan Analysis for QARZAR

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

+55
Smart Scan Analysis for QARZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9285 3.9609 3.9082 3.9153 -0.0132
Prev. Close Volume Bid Ask Time
3.9285 3.9129 3.9177 2018-10-23 18:16:54
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