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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

South African Rand/Kenyan Shilling (FOREX:ZARKES)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_ZARKES
Open High Low ZARKES Price Change
7.48865 7.48865 7.45345 7.45345 -0.03520
Entry Signal

MarketClub’s Trade Triangles for ZARKES

long term down The long term trend has been DOWN since Apr 10th, 2017 at 7.4246

intermediate term up The intermediate term trend has been UP since Nov 22nd, 2017 at 7.4447

short term up The short term trend has been UP since Nov 16th, 2017 at 7.2293

Smart Scan Analysis for ZARKES

Based on a pre-defined weighted trend formula for chart analysis, ZARKES scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZARKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.48865 7.48865 7.45345 7.45345 -0.03520
Prev. Close Volume Bid Ask Time
7.48865 7.33130 7.57560 2017-11-23 02:09:09
Want to analyze South African Rand/Kenyan Shilling ZARKES or another symbol? Try our Free Forex Trend Analysis Report.