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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

South African Rand/Polish New Zloty (FOREX:ZARPLN)

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_ZARPLN
Open High Low ZARPLN Price Change
0.26671 0.26698 0.26574 0.26650 -0.00021
Entry Signal

MarketClub’s Trade Triangles for ZARPLN

long term up The long term trend has been UP since Dec 24th, 2019 at 0.27171

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.26385

short term down The short term trend has been DOWN since Jan 27th, 2020 at 0.26590

Smart Scan Analysis for ZARPLN

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

+60
Smart Scan Analysis for ZARPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26671 0.26698 0.26574 0.26650 -0.00021
Prev. Close Volume Bid Ask Time
0.26671 0.26637 0.26663 2020-01-29 05:56:10
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