Forex Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
South African Rand/Australian Dollar (FOREX:ZARAUD)
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.
MarketClub’s Trade Triangles for ZARAUD
The long term trend has been UP since Dec 5th, 2017 at 0.097985
The intermediate term trend has been UP since Nov 17th, 2017 at 0.094620
The short term trend has been UP since Feb 21st, 2018 at 0.109205
Smart Scan Analysis for ZARAUD
Based on a pre-defined weighted trend formula for chart analysis, ZARAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).