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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

South African Rand/Kenyan Shilling (FOREX:ZARKES)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
7.13050 7.17825 7.12345 7.15085 +0.02035
Entry Signal

MarketClub’s Trade Triangles for ZARKES

long term up The long term trend has been UP since Dec 4th, 2018 at 7.5295

intermediate term down The intermediate term trend has been DOWN since Dec 9th, 2018 at 7.2204

short term up The short term trend has been UP since Dec 12th, 2018 at 7.2588

Smart Scan Analysis for ZARKES

Based on a pre-defined weighted trend formula for chart analysis, ZARKES scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZARKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.13050 7.17825 7.12345 7.15085 +0.02035
Prev. Close Volume Bid Ask Time
7.13050 7.02820 7.27350 2018-12-18 22:25:47
Want to analyze South African Rand/Kenyan Shilling ZARKES or another symbol? Try our Free Forex Trend Analysis Report.