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Forex Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_ZARSEK
Open High Low ZARSEK Price Change
0.654100 0.656565 0.653610 0.655445 +0.001345
Entry Signal

MarketClub’s Trade Triangles for ZARSEK

long term down The long term trend has been DOWN since Jun 7th, 2018 at 0.676615

intermediate term down The intermediate term trend has been DOWN since Jun 7th, 2018 at 0.677265

short term down The short term trend has been DOWN since May 31st, 2018 at 0.697370

Smart Scan Analysis for ZARSEK

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

-100
Smart Scan Analysis for ZARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.654100 0.656565 0.653610 0.655445 +0.001345
Prev. Close Volume Bid Ask Time
0.654100 0.654710 0.656180 2018-06-17 19:54:32
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