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Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_ZARSEK
Open High Low ZARSEK Price Change
0.69891 0.69958 0.69104 0.69139 -0.00752
Entry Signal

MarketClub’s Trade Triangles for ZARSEK

long term up The long term trend has been UP since Dec 5th, 2017 at 0.62502

intermediate term up The intermediate term trend has been UP since Mar 26th, 2018 at 0.70623

short term down The short term trend has been DOWN since Apr 20th, 2018 at 0.69759

Smart Scan Analysis for ZARSEK

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

+55
Smart Scan Analysis for ZARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.69891 0.69958 0.69104 0.69139 -0.00752
Prev. Close Volume Bid Ask Time
0.69891 0.69129 0.69149 2018-04-23 05:28:58
Want to analyze South African Rand/Swedish Krona ZARSEK or another symbol? Try our Free Forex Trend Analysis Report.