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Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

Qatari Rial/South African Rand (FOREX:QARZAR)

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_QARZAR
Open High Low QARZAR Price Change
3.31375 3.39060 3.31085 3.38690 +0.07315
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 up The intermediate term trend has been UP since Apr 9th, 2018 at 3.32925

short term up The short term trend has been UP since Apr 20th, 2018 at 3.31455

Smart Scan Analysis for QARZAR

Based on a pre-defined weighted trend formula for chart analysis, QARZAR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for QARZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.31375 3.39060 3.31085 3.38690 +0.07315
Prev. Close Volume Bid Ask Time
3.31375 3.38410 3.38970 2018-04-23 18:49:17
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