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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

South African Rand/Danish Krone (FOREX:ZARDKK)

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.

FOREX_ZARDKK
Open High Low ZARDKK Price Change
0.444330 0.446535 0.442870 0.446075 +0.001745
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

long term down The long term trend has been DOWN since Apr 25th, 2018 at 0.491140

intermediate term down The intermediate term trend has been DOWN since Aug 10th, 2018 at 0.469235

short term down The short term trend has been DOWN since Jul 31st, 2018 at 0.482630

Smart Scan Analysis for ZARDKK

Based on a pre-defined weighted trend formula for chart analysis, ZARDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.444330 0.446535 0.442870 0.446075 +0.001745
Prev. Close Volume Bid Ask Time
0.444330 0.445860 0.446290 2018-08-20 04:29:07
Want to analyze South African Rand/Danish Krone ZARDKK or another symbol? Try our Free Forex Trend Analysis Report.