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Forex Trend Analysis Report

Prepared for you on Monday, September 25, 2017.

South African Rand/Kenyan Shilling (FOREX:ZARKES)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_ZARKES
Open High Low ZARKES Price Change
7.77685 7.78415 7.77685 7.78370 +0.00685
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 down The intermediate term trend has been DOWN since Sep 18th, 2017 at 7.8209

short term up The short term trend has been UP since Sep 22nd, 2017 at 7.8184

Smart Scan Analysis for ZARKES

Based on a pre-defined weighted trend formula for chart analysis, ZARKES scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ZARKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.77685 7.78415 7.77685 7.78370 +0.00685
Prev. Close Volume Bid Ask Time
7.77685 7.65680 7.91060 2017-09-25 09:18:10
Want to analyze South African Rand/Kenyan Shilling ZARKES or another symbol? Try our Free Forex Trend Analysis Report.