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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

South African Rand/Polish New Zloty (FOREX:ZARPLN)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_ZARPLN
Open High Low ZARPLN Price Change
0.24687 0.24723 0.24670 0.24696 +0.00009
Entry Signal

MarketClub’s Trade Triangles for ZARPLN

long term down The long term trend has been DOWN since Jun 8th, 2018 at 0.276915

intermediate term down The intermediate term trend has been DOWN since Aug 9th, 2018 at 0.272350

short term down The short term trend has been DOWN since Sep 17th, 2018 at 0.247525

Smart Scan Analysis for ZARPLN

Based on a pre-defined weighted trend formula for chart analysis, ZARPLN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ZARPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24687 0.24723 0.24670 0.24696 +0.00009
Prev. Close Volume Bid Ask Time
0.24687 0.24677 0.24715 2018-09-19 02:59:47
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