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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Tunisian Dinar/South African Rand (FOREX:TNDZAR)

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_TNDZAR
Open High Low TNDZAR Price Change
4.63685 4.66870 4.57660 4.57660 -0.06025
Entry Signal

MarketClub’s Trade Triangles for TNDZAR

long term down The long term trend has been DOWN since Nov 7th, 2018 at 4.85820

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2019 at 4.74915

short term down The short term trend has been DOWN since Jan 3rd, 2019 at 4.87050

Smart Scan Analysis for TNDZAR

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

-100
Smart Scan Analysis for TNDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.63685 4.66870 4.57660 4.57660 -0.06025
Prev. Close Volume Bid Ask Time
4.63685 4.56830 4.58490 2019-01-18 17:13:13
Want to analyze Tunisian Dinar/South African Rand TNDZAR or another symbol? Try our Free Forex Trend Analysis Report.