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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

South African Rand/Argentine Peso (FOREX:ZARARS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.

Open High Low ZARARS Price Change
2.72670 2.72720 2.68610 2.68625 -0.04045
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 Jan 16th, 2019 at 2.7144

short term down The short term trend has been DOWN since Jan 21st, 2019 at 2.7098

Smart Scan Analysis for ZARARS

Based on a pre-defined weighted trend formula for chart analysis, ZARARS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZARARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.72670 2.72720 2.68610 2.68625 -0.04045
Prev. Close Volume Bid Ask Time
2.72670 2.68600 2.68650 2019-01-22 15:34:44
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