Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

South African Rand/Czech Koruna (FOREX:ZARCZK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

FOREX_ZARCZK
Open High Low ZARCZK Price Change
1.60075 1.60475 1.59895 1.60195 +0.00120
Entry Signal

MarketClub’s Trade Triangles for ZARCZK

long term up The long term trend has been UP since Nov 29th, 2018 at 1.66615

intermediate term up The intermediate term trend has been UP since Sep 24th, 2018 at 1.52805

short term down The short term trend has been DOWN since Dec 5th, 2018 at 1.64765

Smart Scan Analysis for ZARCZK

Based on a pre-defined weighted trend formula for chart analysis, ZARCZK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ZARCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.60075 1.60475 1.59895 1.60195 +0.00120
Prev. Close Volume Bid Ask Time
1.60075 1.60090 1.60300 2018-12-10 04:29:13
Want to analyze South African Rand/Czech Koruna ZARCZK or another symbol? Try our Free Forex Trend Analysis Report.