Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

South African Rand/US Dollar (FOREX:ZARUSD)

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.

FOREX_ZARUSD
Open High Low ZARUSD Price Change
0.081510 0.081835 0.081005 0.081480 -0.000030
Entry Signal

MarketClub’s Trade Triangles for ZARUSD

long term up The long term trend has been UP since Dec 18th, 2017 at 0.078485

intermediate term up The intermediate term trend has been UP since Nov 22nd, 2017 at 0.071895

short term up The short term trend has been UP since Jan 15th, 2018 at 0.080955

Smart Scan Analysis for ZARUSD

Based on a pre-defined weighted trend formula for chart analysis, ZARUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for ZARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.081510 0.081835 0.081005 0.081480 -0.000030
Prev. Close Volume Bid Ask Time
0.081510 0.081440 0.081520 2018-01-17 17:15:54
Want to analyze South African Rand/US Dollar ZARUSD or another symbol? Try our Free Forex Trend Analysis Report.