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Forex Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

South African Rand/Singapore Dollar (FOREX:ZARSGD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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
0.101140 0.101485 0.100945 0.101295 +0.000155
Entry Signal

MarketClub’s Trade Triangles for ZARSGD

long term down The long term trend has been DOWN since Apr 3rd, 2017 at 0.102670

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2017 at 0.102605

short term down The short term trend has been DOWN since Sep 7th, 2017 at 0.104245

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).

-90
Smart Scan Analysis for ZARSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.101140 0.101485 0.100945 0.101295 +0.000155
Prev. Close Volume Bid Ask Time
0.101140 0.101260 0.101330 2017-09-20 07:12:04
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