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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

South African Rand/South Korean Won (FOREX:ZARKRW)

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_ZARKRW
Open High Low ZARKRW Price Change
78.2710 78.2710 78.2255 78.2255 -0.0455
Entry Signal

MarketClub’s Trade Triangles for ZARKRW

long term down The long term trend has been DOWN since Mar 31st, 2017 at 82.6430

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2017 at 85.3095

short term up The short term trend has been UP since Nov 17th, 2017 at 77.7355

Smart Scan Analysis for ZARKRW

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

-85
Smart Scan Analysis for ZARKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.2710 78.2710 78.2255 78.2255 -0.0455
Prev. Close Volume Bid Ask Time
78.2710 76.4060 80.0450 2017-11-18 22:03:13
Want to analyze South African Rand/South Korean Won ZARKRW or another symbol? Try our Free Forex Trend Analysis Report.