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Forex Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

South African Rand/New Zealand Dollar (FOREX:ZARNZD)

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_ZARNZD
Open High Low ZARNZD Price Change
0.110075 0.110625 0.109970 0.110180 +0.000105
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term up The long term trend has been UP since Aug 4th, 2016 at 0.101150

intermediate term up The intermediate term trend has been UP since May 16th, 2017 at 0.110580

short term up The short term trend has been UP since May 24th, 2017 at 0.109395

Smart Scan Analysis for ZARNZD

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

+90
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.110075 0.110625 0.109970 0.110180 +0.000105
Prev. Close Volume Bid Ask Time
0.110075 0.110130 0.110230 2017-05-25 06:39:56
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