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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

South African Rand/Euro (FOREX:ZAREUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_ZAREUR
Open High Low ZAREUR Price Change
0.064581 0.064851 0.064180 0.064608 +0.000027
Entry Signal

MarketClub’s Trade Triangles for ZAREUR

long term down The long term trend has been DOWN since Apr 25th, 2018 at 0.065935

intermediate term up The intermediate term trend has been UP since Jul 12th, 2018 at 0.064390

short term down The short term trend has been DOWN since Jul 17th, 2018 at 0.064204

Smart Scan Analysis for ZAREUR

Based on a pre-defined weighted trend formula for chart analysis, ZAREUR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.064581 0.064851 0.064180 0.064608 +0.000027
Prev. Close Volume Bid Ask Time
0.064581 0.064587 0.064629 2018-07-17 17:03:48
Want to analyze South African Rand/Euro ZAREUR or another symbol? Try our Free Forex Trend Analysis Report.