Forex Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
South African Rand/South Korean Won (FOREX:ZARKRW)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for ZARKRW
The long term trend has been UP since Jan 18th, 2018 at 87.7535
The intermediate term trend has been UP since Nov 28th, 2017 at 79.4475
The short term trend has been UP since Jan 15th, 2018 at 86.2700
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).