Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

South African Rand/Singapore Dollar (FOREX:ZARSGD)

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_ZARSGD
Open High Low ZARSGD Price Change
0.096151 0.096274 0.095682 0.095989 -0.000162
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 Dec 10th, 2018 at 0.096422

short term down The short term trend has been DOWN since Dec 4th, 2018 at 0.098610

Smart Scan Analysis for ZARSGD

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

-100
Smart Scan Analysis for ZARSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.096151 0.096274 0.095682 0.095989 -0.000162
Prev. Close Volume Bid Ask Time
0.096150 0.095960 0.096017 2018-12-12 07:40:18
Want to analyze South African Rand/Singapore Dollar ZARSGD or another symbol? Try our Free Forex Trend Analysis Report.