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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

South African Rand/Singapore Dollar (FOREX:ZARSGD)

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_ZARSGD
Open High Low ZARSGD Price Change
0.102975 0.103380 0.102615 0.102935 -0.000040
Entry Signal

MarketClub’s Trade Triangles for ZARSGD

long term down The long term trend has been DOWN since Apr 25th, 2018 at 0.106240

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 0.101485

short term up The short term trend has been UP since Jul 3rd, 2018 at 0.099695

Smart Scan Analysis for ZARSGD

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

+60
Smart Scan Analysis for ZARSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.102975 0.103380 0.102615 0.102935 -0.000040
Prev. Close Volume Bid Ask Time
0.102975 0.102920 0.102950 2018-07-16 12:24:30
Want to analyze South African Rand/Singapore Dollar ZARSGD or another symbol? Try our Free Forex Trend Analysis Report.