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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Ugandan Shilling/South African Rand (FOREX:UGXZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_UGXZAR
Open High Low UGXZAR Price Change
0.00382 0.00382 0.00382 0.00382 0.00000
Entry Signal

MarketClub’s Trade Triangles for UGXZAR

long term up The long term trend has been UP since Apr 25th, 2018 at 0.003360

intermediate term up The intermediate term trend has been UP since Oct 7th, 2018 at 0.003904

short term down The short term trend has been DOWN since Oct 9th, 2018 at 0.003890

Smart Scan Analysis for UGXZAR

Based on a pre-defined weighted trend formula for chart analysis, UGXZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for UGXZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00382 0.00382 0.00382 0.00382 0.00000
Prev. Close Volume Bid Ask Time
0.00382 0.00378 0.00386 2018-10-18 21:29:51
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