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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

/South African Rand (FOREX:ZMWZAR)

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_ZMWZAR
Open High Low ZMWZAR Price Change
1.43540 1.46845 1.42915 1.42960 -0.00580
Entry Signal

MarketClub’s Trade Triangles for ZMWZAR

long term up The long term trend has been UP since Apr 23rd, 2018 at 1.30055

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 1.39185

short term up The short term trend has been UP since Aug 17th, 2018 at 1.45445

Smart Scan Analysis for ZMWZAR

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

+90
Smart Scan Analysis for ZMWZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.43540 1.46845 1.42915 1.42960 -0.00580
Prev. Close Volume Bid Ask Time
1.43540 1.42810 1.43110 2018-08-17 18:30:29
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