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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

South African Rand/Rwandan Franc (FOREX:ZARRWF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

FOREX_ZARRWF
Open High Low ZARRWF Price Change
64.895 64.895 64.895 64.895 0.000
Entry Signal

MarketClub’s Trade Triangles for ZARRWF

long term up The long term trend has been UP since Dec 2nd, 2018 at 64.7500

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 62.2335

short term up The short term trend has been UP since Jan 7th, 2019 at 62.1215

Smart Scan Analysis for ZARRWF

Based on a pre-defined weighted trend formula for chart analysis, ZARRWF scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for ZARRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.895 64.895 64.895 64.895 0.000
Prev. Close Volume Bid Ask Time
64.895 63.946 65.844 2019-01-14 20:59:12
Want to analyze South African Rand/Rwandan Franc ZARRWF or another symbol? Try our Free Forex Trend Analysis Report.