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Forex Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

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_ZARMYR
Open High Low ZARMYR Price Change
0.312550 0.312760 0.312125 0.312755 +0.000205
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term down The long term trend has been DOWN since Nov 9th, 2017 at 0.295820

intermediate term up The intermediate term trend has been UP since Nov 30th, 2017 at 0.300445

short term up The short term trend has been UP since Dec 13th, 2017 at 0.300215

Smart Scan Analysis for ZARMYR

Based on a pre-defined weighted trend formula for chart analysis, ZARMYR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.312550 0.312760 0.312125 0.312755 +0.000205
Prev. Close Volume Bid Ask Time
0.312550 0.312560 0.312950 2017-12-18 03:41:56
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