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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

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

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_ZARNZD
Open High Low ZARNZD Price Change
0.111545 0.111610 0.110230 0.111030 -0.000515
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term down The long term trend has been DOWN since May 3rd, 2018 at 0.112005

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 0.109000

short term down The short term trend has been DOWN since Jul 17th, 2018 at 0.110880

Smart Scan Analysis for ZARNZD

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

-55
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.111545 0.111610 0.110230 0.111030 -0.000515
Prev. Close Volume Bid Ask Time
0.111545 0.110980 0.111080 2018-07-17 22:46:47
Want to analyze South African Rand/New Zealand Dollar ZARNZD or another symbol? Try our Free Forex Trend Analysis Report.