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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

South African Rand/ (FOREX:ZARGHS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_ZARGHS
Open High Low ZARGHS Price Change
0.342735 0.342735 0.342735 0.342735 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARGHS

long term up The long term trend has been UP since Nov 29th, 2018 at 0.359890

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2018 at 0.340745

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 0.354925

Smart Scan Analysis for ZARGHS

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

-70
Smart Scan Analysis for ZARGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.342735 0.342735 0.342735 0.342735 0.000000
Prev. Close Volume Bid Ask Time
0.342735 0.341180 0.344290 2018-12-13 20:57:17
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