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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
86.7460 86.7460 86.5885 86.7290 -0.0170
Entry Signal

MarketClub’s Trade Triangles for ZARKRW

long term up The long term trend has been UP since Jan 18th, 2018 at 87.7535

intermediate term down The intermediate term trend has been DOWN since Apr 4th, 2018 at 88.7905

short term down The short term trend has been DOWN since Apr 20th, 2018 at 88.5955

Smart Scan Analysis for ZARKRW

Based on a pre-defined weighted trend formula for chart analysis, ZARKRW scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ZARKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.7460 86.7460 86.5885 86.7290 -0.0170
Prev. Close Volume Bid Ask Time
86.7460 86.6300 86.8280 2018-04-26 01:22:49
Want to analyze South African Rand/South Korean Won ZARKRW or another symbol? Try our Free Forex Trend Analysis Report.