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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

South African Rand/Thai Baht (FOREX:ZARTHB)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_ZARTHB
Open High Low ZARTHB Price Change
2.0972025 2.1111396 2.0941000 2.1111396 +0.0139370
Entry Signal

MarketClub’s Trade Triangles for ZARTHB

long term up The long term trend has been UP since Dec 13th, 2019 at 2.0986000

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 2.0984752

short term up The short term trend has been UP since Jan 22nd, 2020 at 2.1072454

Smart Scan Analysis for ZARTHB

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

+55
Smart Scan Analysis for ZARTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0972025 2.1111396 2.0941000 2.1111396 +0.0139370
Prev. Close Volume Bid Ask Time
2.0972025 2.1089464 2.1133327 2020-01-22 09:15:54
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