Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
South African Rand/ (FOREX:ZARGHS)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.
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MarketClub’s Trade Triangles for ZARGHS
The long term trend has been UP since Nov 24th, 2019 at 0.37712046
The intermediate term trend has been DOWN since Jan 12th, 2020 at 0.39862467
The short term trend has been DOWN since Jan 5th, 2020 at 0.40484416
Smart Scan Analysis for ZARGHS
Based on a pre-defined weighted trend formula for chart analysis, ZARGHS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38972283 | 0.38972283 | 0.38972283 | 0.38972283 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38972283 | 0.38816732 | 0.39127834 | 2020-01-21 07:17:52 |