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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Qatari Rial/South African Rand (FOREX:QARZAR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
3.78410 3.79690 3.76400 3.76835 -0.01575
Entry Signal

MarketClub’s Trade Triangles for QARZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 3.74280

intermediate term down The intermediate term trend has been DOWN since Jan 4th, 2019 at 3.87505

short term down The short term trend has been DOWN since Jan 2nd, 2019 at 3.93310

Smart Scan Analysis for QARZAR

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

-100
Smart Scan Analysis for QARZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.78410 3.79690 3.76400 3.76835 -0.01575
Prev. Close Volume Bid Ask Time
3.78410 3.76710 3.76960 2019-01-15 18:06:09
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