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Forex Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
84.667 84.989 84.667 84.911 +0.244
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 down The short term trend has been DOWN since Sep 10th, 2017 at 87.4505

Smart Scan Analysis for ZARKRW

Based on a pre-defined weighted trend formula for chart analysis, ZARKRW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZARKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.667 84.989 84.667 84.911 +0.244
Prev. Close Volume Bid Ask Time
84.667 84.817 85.005 2017-09-20 07:09:47
Want to analyze South African Rand/South Korean Won ZARKRW or another symbol? Try our Free Forex Trend Analysis Report.