Forex Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
South African Rand/Lesotho Loti (FOREX:ZARLSL)
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 ZARLSL
The long term trend has been UP since Nov 17th, 2017 at 1.02140
The intermediate term trend has been UP since Oct 27th, 2017 at 1.01545
The short term trend has been UP since Nov 15th, 2017 at 1.00460
Smart Scan Analysis for ZARLSL
Based on a pre-defined weighted trend formula for chart analysis, ZARLSL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).