Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_ZARNZD
Open High Low ZARNZD Price Change
0.105785 0.106065 0.105310 0.105665 -0.000120
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term up The long term trend has been UP since Aug 4th, 2016 at 0.10115

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2017 at 0.10667

short term down The short term trend has been DOWN since Jun 27th, 2017 at 0.10573

Smart Scan Analysis for ZARNZD

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

-70
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.105785 0.106065 0.105310 0.105665 -0.000120
Prev. Close Volume Bid Ask Time
0.105785 0.105620 0.105710 2017-06-28 09:54:05
Want to analyze South African Rand/New Zealand Dollar ZARNZD or another symbol? Try our Free Forex Trend Analysis Report.