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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

South African Rand/Philippine Peso (FOREX:ZARPHP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

Open High Low ZARPHP Price Change
3.74260 3.85425 3.73605 3.85350 +0.11090
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term down The long term trend has been DOWN since Oct 8th, 2017 at 3.7087

intermediate term up The intermediate term trend has been UP since Nov 27th, 2017 at 3.6616

short term up The short term trend has been UP since Dec 12th, 2017 at 3.7190

Smart Scan Analysis for ZARPHP

Based on a pre-defined weighted trend formula for chart analysis, ZARPHP scored +70 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
3.74260 3.85425 3.73605 3.85350 +0.11090
Prev. Close Volume Bid Ask Time
3.74260 3.85010 3.85690 2017-12-15 18:35:54
Want to analyze South African Rand/Philippine Peso ZARPHP or another symbol? Try our Free Forex Trend Analysis Report.