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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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
0.105790 0.109245 0.105455 0.109130 +0.003340
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term up The long term trend has been UP since Dec 15th, 2017 at 0.109015

intermediate term up The intermediate term trend has been UP since Nov 22nd, 2017 at 0.105455

short term up The short term trend has been UP since Dec 14th, 2017 at 0.106585

Smart Scan Analysis for ZARNZD

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

+100
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.105790 0.109245 0.105455 0.109130 +0.003340
Prev. Close Volume Bid Ask Time
0.105790 0.109030 0.109230 2017-12-15 18:18:20
Want to analyze South African Rand/New Zealand Dollar ZARNZD or another symbol? Try our Free Forex Trend Analysis Report.