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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

South African Rand/Argentine Peso (FOREX:ZARARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_ZARARS
Open High Low ZARARS Price Change
2.0619 2.0626 2.0522 2.0589 -0.0030
Entry Signal

MarketClub’s Trade Triangles for ZARARS

long term up The long term trend has been UP since Dec 18th, 2017 at 1.3504

intermediate term up The intermediate term trend has been UP since May 3rd, 2018 at 1.6921

short term up The short term trend has been UP since Jul 16th, 2018 at 2.0579

Smart Scan Analysis for ZARARS

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

+100
Smart Scan Analysis for ZARARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0619 2.0626 2.0522 2.0589 -0.0030
Prev. Close Volume Bid Ask Time
2.0619 2.0586 2.0592 2018-07-16 06:41:11
Want to analyze South African Rand/Argentine Peso ZARARS or another symbol? Try our Free Forex Trend Analysis Report.