Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_ZARSEK
Open High Low ZARSEK Price Change
0.65878000 0.66102639 0.65619100 0.65796061 -0.00081900
Entry Signal

MarketClub’s Trade Triangles for ZARSEK

long term up The long term trend has been UP since Dec 27th, 2019 at 0.66983747

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2020 at 0.65527818

short term up The short term trend has been UP since Jan 17th, 2020 at 0.66017905

Smart Scan Analysis for ZARSEK

Based on a pre-defined weighted trend formula for chart analysis, ZARSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65878000 0.66102639 0.65619100 0.65796061 -0.00081900
Prev. Close Volume Bid Ask Time
0.65878000 0.65727790 0.65864333 2020-01-17 14:12:29
Get a free daily report for South African Rand/Swedish Krona (ZARSEK) - Free Trend Analysis Report.