Forex Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
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.
MarketClub’s Trade Triangles for ZARISK
The long term trend has been UP since Oct 16th, 2018 at 8.11690
The intermediate term trend has been UP since Jan 10th, 2019 at 8.60915
The short term trend has been UP since Jan 3rd, 2019 at 8.17605
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).