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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

South African Rand/Philippine Peso (FOREX:ZARPHP)

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.

Open High Low ZARPHP Price Change
4.02465 4.03020 4.01140 4.01260 -0.01205
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term down The long term trend has been DOWN since May 1st, 2018 at 4.13645

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 3.99015

short term down The short term trend has been DOWN since Jul 18th, 2018 at 4.01705

Smart Scan Analysis for ZARPHP

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

Smart Scan Analysis for ZARPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.02465 4.03020 4.01140 4.01260 -0.01205
Prev. Close Volume Bid Ask Time
4.02465 4.01120 4.01400 2018-07-18 04:35:04
Want to analyze South African Rand/Philippine Peso ZARPHP or another symbol? Try our Free Forex Trend Analysis Report.