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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

South African Rand/Icelandic Krona (FOREX:ZARISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

Open High Low ZARISK Price Change
7.81780 7.99555 7.81630 7.97820 +0.16040
Entry Signal

MarketClub’s Trade Triangles for ZARISK

long term down The long term trend has been DOWN since Oct 3rd, 2017 at 7.71600

intermediate term up The intermediate term trend has been UP since Nov 28th, 2017 at 7.58240

short term up The short term trend has been UP since Dec 13th, 2017 at 7.71785

Smart Scan Analysis for ZARISK

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

Smart Scan Analysis for ZARISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.81780 7.99555 7.81630 7.97820 +0.16040
Prev. Close Volume Bid Ask Time
7.81780 7.94640 8.01000 2017-12-15 13:26:29
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