Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

South African Rand/Indonesian Rupiah (FOREX:ZARIDR)

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_ZARIDR
Open High Low ZARIDR Price Change
1036.35 1036.75 1036.35 1036.65 +0.30
Entry Signal

MarketClub’s Trade Triangles for ZARIDR

long term down The long term trend has been DOWN since May 1st, 2018 at 1111.70

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 1130.60

short term down The short term trend has been DOWN since Jun 15th, 2018 at 1042.25

Smart Scan Analysis for ZARIDR

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

-90
Smart Scan Analysis for ZARIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1036.35 1036.75 1036.35 1036.65 +0.30
Prev. Close Volume Bid Ask Time
1036.35 1021.90 1051.40 2018-06-18 01:25:16
Want to analyze South African Rand/Indonesian Rupiah ZARIDR or another symbol? Try our Free Forex Trend Analysis Report.