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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Argentine Peso/South African Rand (FOREX:ARSZAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_ARSZAR
Open High Low ARSZAR Price Change
0.24203310 0.24324883 0.24063286 0.24125836 -0.00077500
Entry Signal

MarketClub’s Trade Triangles for ARSZAR

long term down The long term trend has been DOWN since Dec 18th, 2017 at 0.74032500

intermediate term up The intermediate term trend has been UP since Jan 14th, 2020 at 0.24177177

short term up The short term trend has been UP since Jan 13th, 2020 at 0.24052104

Smart Scan Analysis for ARSZAR

Based on a pre-defined weighted trend formula for chart analysis, ARSZAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ARSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24203310 0.24324883 0.24063286 0.24125836 -0.00077500
Prev. Close Volume Bid Ask Time
0.24203310 0.24124206 0.24127465 2020-01-21 18:40:05
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