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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

South African Rand/Brazilian Real (FOREX:ZARBRL)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_ZARBRL
Open High Low ZARBRL Price Change
0.279825 0.279825 0.279755 0.279755 -0.000070
Entry Signal

MarketClub’s Trade Triangles for ZARBRL

long term up The long term trend has been UP since Dec 12th, 2017 at 0.24359

intermediate term up The intermediate term trend has been UP since Mar 23rd, 2018 at 0.28113

short term down The short term trend has been DOWN since Apr 20th, 2018 at 0.28259

Smart Scan Analysis for ZARBRL

Based on a pre-defined weighted trend formula for chart analysis, ZARBRL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZARBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.279825 0.279825 0.279755 0.279755 -0.000070
Prev. Close Volume Bid Ask Time
0.279825 0.279490 0.280020 2018-04-26 00:34:35
Want to analyze South African Rand/Brazilian Real ZARBRL or another symbol? Try our Free Forex Trend Analysis Report.