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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

South African Rand/New Taiwan Dollar (FOREX:ZARTWD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_ZARTWD
Open High Low ZARTWD Price Change
2.4444 2.4444 2.4443 2.4443 -0.0001
Entry Signal

MarketClub’s Trade Triangles for ZARTWD

long term up The long term trend has been UP since Jan 22nd, 2018 at 2.21270

intermediate term up The intermediate term trend has been UP since Feb 1st, 2018 at 2.43570

short term up The short term trend has been UP since Jan 22nd, 2018 at 2.24475

Smart Scan Analysis for ZARTWD

Based on a pre-defined weighted trend formula for chart analysis, ZARTWD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for ZARTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4444 2.4444 2.4443 2.4443 -0.0001
Prev. Close Volume Bid Ask Time
2.4982 2.3766 2.5120 2018-02-07 11:11:21
Want to analyze South African Rand/New Taiwan Dollar ZARTWD or another symbol? Try our Free Forex Trend Analysis Report.