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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.28869 0.28869 0.28869 0.28869 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term down The long term trend has been DOWN since Apr 23rd, 2018 at 0.319020

intermediate term up The intermediate term trend has been UP since Sep 21st, 2018 at 0.290885

short term down The short term trend has been DOWN since Oct 19th, 2018 at 0.287550

Smart Scan Analysis for ZARMYR

Based on a pre-defined weighted trend formula for chart analysis, ZARMYR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28869 0.28869 0.28869 0.28869 0.00000
Prev. Close Volume Bid Ask Time
0.28869 0.28852 0.28886 2018-10-20 04:07:42
Want to analyze South African Rand/Malaysian Ringt ZARMYR or another symbol? Try our Free Forex Trend Analysis Report.