Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

South African Rand/ (FOREX:ZARRON)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_ZARRON
Open High Low ZARRON Price Change
0.284850 0.286665 0.282695 0.284415 -0.000435
Entry Signal

MarketClub’s Trade Triangles for ZARRON

long term down The long term trend has been DOWN since Apr 25th, 2018 at 0.305885

intermediate term up The intermediate term trend has been UP since Sep 24th, 2018 at 0.278390

short term up The short term trend has been UP since Oct 9th, 2018 at 0.276035

Smart Scan Analysis for ZARRON

Based on a pre-defined weighted trend formula for chart analysis, ZARRON scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZARRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.284850 0.286665 0.282695 0.284415 -0.000435
Prev. Close Volume Bid Ask Time
0.284850 0.284060 0.284770 2018-10-17 20:00:22
Want to analyze South African Rand/ ZARRON or another symbol? Try our Free Forex Trend Analysis Report.