Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

South African Rand/United Arab Emirates Dirham (FOREX:ZARAED)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_ZARAED
Open High Low ZARAED Price Change
0.258610 0.259665 0.257805 0.257840 -0.000770
Entry Signal

MarketClub’s Trade Triangles for ZARAED

long term down The long term trend has been DOWN since Aug 10th, 2018 at 0.26244

intermediate term up The intermediate term trend has been UP since Sep 26th, 2018 at 0.25885

short term up The short term trend has been UP since Nov 15th, 2018 at 0.25715

Smart Scan Analysis for ZARAED

Based on a pre-defined weighted trend formula for chart analysis, ZARAED scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.258610 0.259665 0.257805 0.257840 -0.000770
Prev. Close Volume Bid Ask Time
0.258610 0.257570 0.258110 2018-11-16 07:10:47
Want to analyze South African Rand/United Arab Emirates Dirham ZARAED or another symbol? Try our Free Forex Trend Analysis Report.