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Forex Trend Analysis Report

Prepared for you on Saturday, November 17, 2018.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
80.1125 80.1125 79.9750 80.0785 -0.0340
Entry Signal

MarketClub’s Trade Triangles for ZARKRW

long term down The long term trend has been DOWN since May 1st, 2018 at 85.6265

intermediate term up The intermediate term trend has been UP since Sep 24th, 2018 at 78.6020

short term up The short term trend has been UP since Nov 15th, 2018 at 79.2925

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
80.1125 80.1125 79.9750 80.0785 -0.0340
Prev. Close Volume Bid Ask Time
80.1125 80.0070 80.1500 2018-11-17 20:19:39
Want to analyze South African Rand/South Korean Won ZARKRW or another symbol? Try our Free Forex Trend Analysis Report.