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Forex Trend Analysis Report

Prepared for you on Friday, January 19, 2018.

Qatari Rial/South African Rand (FOREX:QARZAR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_QARZAR
Open High Low QARZAR Price Change
3.33010 3.33340 3.32110 3.33185 +0.00175
Entry Signal

MarketClub’s Trade Triangles for QARZAR

long term down The long term trend has been DOWN since Dec 18th, 2017 at 3.50130

intermediate term down The intermediate term trend has been DOWN since Dec 17th, 2017 at 3.58095

short term down The short term trend has been DOWN since Jan 15th, 2018 at 3.39145

Smart Scan Analysis for QARZAR

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

-90
Smart Scan Analysis for QARZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.33010 3.33340 3.32110 3.33185 +0.00175
Prev. Close Volume Bid Ask Time
3.33010 3.33060 3.33310 2018-01-19 02:36:53
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