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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

South African Rand/Euro (FOREX:ZAREUR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_ZAREUR
Open High Low ZAREUR Price Change
0.06894 0.06898 0.06890 0.06892 -0.00002
Entry Signal

MarketClub’s Trade Triangles for ZAREUR

long term up The long term trend has been UP since Dec 17th, 2017 at 0.065755

intermediate term up The intermediate term trend has been UP since Feb 7th, 2018 at 0.068075

short term up The short term trend has been UP since Feb 7th, 2018 at 0.067895

Smart Scan Analysis for ZAREUR

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

+90
Smart Scan Analysis for ZAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06894 0.06898 0.06890 0.06892 -0.00002
Prev. Close Volume Bid Ask Time
0.06894 0.06889 0.06895 2018-02-21 01:45:32
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