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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

South African Rand/Danish Krone (FOREX:ZARDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_ZARDKK
Open High Low ZARDKK Price Change
0.49889 0.50451 0.49866 0.50266 +0.00377
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

long term down The long term trend has been DOWN since Apr 25th, 2018 at 0.49114

intermediate term up The intermediate term trend has been UP since May 10th, 2018 at 0.50513

short term up The short term trend has been UP since May 22nd, 2018 at 0.50355

Smart Scan Analysis for ZARDKK

Based on a pre-defined weighted trend formula for chart analysis, ZARDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ZARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49889 0.50451 0.49866 0.50266 +0.00377
Prev. Close Volume Bid Ask Time
0.49889 0.50259 0.50273 2018-05-22 11:39:05
Want to analyze South African Rand/Danish Krone ZARDKK or another symbol? Try our Free Forex Trend Analysis Report.