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Forex Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

US Dollar/South African Rand (FOREX:USDZAR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_USDZAR
Open High Low USDZAR Price Change
13.311400 13.321900 13.193985 13.216300 -0.095100
Entry Signal

MarketClub’s Trade Triangles for USDZAR

long term up The long term trend has been UP since Apr 10th, 2017 at 13.96100

intermediate term up The intermediate term trend has been UP since Sep 18th, 2017 at 13.23835

short term up The short term trend has been UP since Sep 10th, 2017 at 12.95090

Smart Scan Analysis for USDZAR

Based on a pre-defined weighted trend formula for chart analysis, USDZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.311400 13.321900 13.193985 13.216300 -0.095100
Prev. Close Volume Bid Ask Time
13.311400 13.208800 13.223800 2017-09-20 14:25:43
Want to analyze US Dollar/South African Rand USDZAR or another symbol? Try our Free Forex Trend Analysis Report.