Forex Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
South African Rand/Botswana Pula (FOREX:ZARBWP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 ZARBWP
The long term trend has been DOWN since Apr 4th, 2017 at 0.760980
The intermediate term trend has been DOWN since Jun 27th, 2017 at 0.782530
The short term trend has been DOWN since Jun 27th, 2017 at 0.788155
Smart Scan Analysis for ZARBWP
Based on a pre-defined weighted trend formula for chart analysis, ZARBWP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).