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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

South African Rand/Icelandic Krona (FOREX:ZARISK)

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_ZARISK
Open High Low ZARISK Price Change
8.35540 8.40405 8.35490 8.35525 -0.00015
Entry Signal

MarketClub’s Trade Triangles for ZARISK

long term up The long term trend has been UP since Oct 16th, 2018 at 8.11690

intermediate term up The intermediate term trend has been UP since Sep 11th, 2018 at 7.60760

short term up The short term trend has been UP since Oct 9th, 2018 at 7.81705

Smart Scan Analysis for ZARISK

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

+90
Smart Scan Analysis for ZARISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.35540 8.40405 8.35490 8.35525 -0.00015
Prev. Close Volume Bid Ask Time
8.35540 8.32530 8.38520 2018-10-18 07:03:55
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