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Forex Trend Analysis Report

Prepared for you on Wednesday, January 16, 2019.

South African Rand/Ugandan Shilling (FOREX:ZARUGX)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_ZARUGX
Open High Low ZARUGX Price Change
268.455 268.455 268.455 268.455 0.000
Entry Signal

MarketClub’s Trade Triangles for ZARUGX

long term down The long term trend has been DOWN since Apr 25th, 2018 at 297.675

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 258.035

short term up The short term trend has been UP since Dec 30th, 2018 at 257.350

Smart Scan Analysis for ZARUGX

Based on a pre-defined weighted trend formula for chart analysis, ZARUGX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ZARUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
268.455 268.455 268.455 268.455 0.000
Prev. Close Volume Bid Ask Time
268.455 265.610 271.300 2019-01-14 20:58:45
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