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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Rwandan Franc/South African Rand (FOREX:RWFZAR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_RWFZAR
Open High Low RWFZAR Price Change
0.015468 0.015468 0.015468 0.015468 0.000000
Entry Signal

MarketClub’s Trade Triangles for RWFZAR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 0.015447

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 0.016072

short term up The short term trend has been UP since Jan 21st, 2019 at 0.015423

Smart Scan Analysis for RWFZAR

Based on a pre-defined weighted trend formula for chart analysis, RWFZAR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for RWFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.015468 0.015468 0.015468 0.015468 0.000000
Prev. Close Volume Bid Ask Time
0.015468 0.015240 0.015697 2019-01-21 21:04:03
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