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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)

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.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
12.5205 12.5225 12.4820 12.5115 -0.0090
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term up The long term trend has been UP since Oct 24th, 2018 at 12.2015

intermediate term up The intermediate term trend has been UP since Sep 20th, 2018 at 11.5065

short term up The short term trend has been UP since Nov 14th, 2018 at 12.2875

Smart Scan Analysis for ZARLKR

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

+90
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.5205 12.5225 12.4820 12.5115 -0.0090
Prev. Close Volume Bid Ask Time
12.5205 12.4260 12.5970 2018-11-18 15:29:23
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