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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

South African Rand/Singapore Dollar (FOREX:ZARSGD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_ZARSGD
Open High Low ZARSGD Price Change
0.094921 0.096055 0.094807 0.095413 +0.000492
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 down The intermediate term trend has been DOWN since Aug 9th, 2018 at 0.100680

short term up The short term trend has been UP since Sep 19th, 2018 at 0.092514

Smart Scan Analysis for ZARSGD

Based on a pre-defined weighted trend formula for chart analysis, ZARSGD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ZARSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.094921 0.096055 0.094807 0.095413 +0.000492
Prev. Close Volume Bid Ask Time
0.094921 0.095385 0.095441 2018-09-24 16:00:44
Want to analyze South African Rand/Singapore Dollar ZARSGD or another symbol? Try our Free Forex Trend Analysis Report.