Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

South African Rand/Norwegian Krone (FOREX:ZARNOK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_ZARNOK
Open High Low ZARNOK Price Change
0.597615 0.604845 0.595810 0.602705 +0.005090
Entry Signal

MarketClub’s Trade Triangles for ZARNOK

long term down The long term trend has been DOWN since Apr 24th, 2018 at 0.637365

intermediate term down The intermediate term trend has been DOWN since Jun 7th, 2018 at 0.629580

short term up The short term trend has been UP since Jun 22nd, 2018 at 0.602120

Smart Scan Analysis for ZARNOK

Based on a pre-defined weighted trend formula for chart analysis, ZARNOK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZARNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.597615 0.604845 0.595810 0.602705 +0.005090
Prev. Close Volume Bid Ask Time
0.597615 0.602030 0.603380 2018-06-22 18:02:46
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