Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

South African Rand/Indian Rupee (FOREX:ZARINR)

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_ZARINR
Open High Low ZARINR Price Change
4.95755 4.97295 4.90780 4.91690 -0.04065
Entry Signal

MarketClub’s Trade Triangles for ZARINR

long term up The long term trend has been UP since Nov 7th, 2018 at 5.20090

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2018 at 4.98605

short term down The short term trend has been DOWN since Dec 17th, 2018 at 4.98030

Smart Scan Analysis for ZARINR

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

-70
Smart Scan Analysis for ZARINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.95755 4.97295 4.90780 4.91690 -0.04065
Prev. Close Volume Bid Ask Time
4.95755 4.91620 4.91760 2018-12-18 13:49:33
Want to analyze South African Rand/Indian Rupee ZARINR or another symbol? Try our Free Forex Trend Analysis Report.