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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

South African Rand/Romanian Leu (FOREX:ZARRON)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_ZARRON
Open High Low ZARRON Price Change
0.30131569 0.30246099 0.29893302 0.30109438 -0.00022100
Entry Signal

MarketClub’s Trade Triangles for ZARRON

long term up The long term trend has been UP since Dec 13th, 2019 at 0.29725748

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2020 at 0.29650182

short term up The short term trend has been UP since Jan 22nd, 2020 at 0.29890530

Smart Scan Analysis for ZARRON

Based on a pre-defined weighted trend formula for chart analysis, ZARRON scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ZARRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30131569 0.30246099 0.29893302 0.30109438 -0.00022100
Prev. Close Volume Bid Ask Time
0.30131569 0.30092078 0.30126799 2020-01-24 17:04:23
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