Forex Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
South African Rand/Singapore Dollar (FOREX:ZARSGD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for ZARSGD
The long term trend has been UP since Dec 18th, 2017 at 0.10591
The intermediate term trend has been UP since Nov 27th, 2017 at 0.09765
The short term trend has been UP since Jan 15th, 2018 at 0.10754
Smart Scan Analysis for ZARSGD
Based on a pre-defined weighted trend formula for chart analysis, ZARSGD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).