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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

South African Rand/Czech Koruna (FOREX:ZARCZK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
1.55465 1.57715 1.55035 1.57355 +0.01890
Entry Signal

MarketClub’s Trade Triangles for ZARCZK

long term down The long term trend has been DOWN since Apr 25th, 2018 at 1.67420

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

short term up The short term trend has been UP since Oct 9th, 2018 at 1.51985

Smart Scan Analysis for ZARCZK

Based on a pre-defined weighted trend formula for chart analysis, ZARCZK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZARCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.55465 1.57715 1.55035 1.57355 +0.01890
Prev. Close Volume Bid Ask Time
1.55465 1.57180 1.57530 2018-10-16 21:43:06
Want to analyze South African Rand/Czech Koruna ZARCZK or another symbol? Try our Free Forex Trend Analysis Report.