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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

South African Rand/Turkish Lira (FOREX:ZARTRY)

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_ZARTRY
Open High Low ZARTRY Price Change
0.40998633 0.41191349 0.40923712 0.41155700 +0.00157100
Entry Signal

MarketClub’s Trade Triangles for ZARTRY

long term up The long term trend has been UP since Dec 13th, 2019 at 0.40204900

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 0.40868017

short term up The short term trend has been UP since Jan 21st, 2020 at 0.40858592

Smart Scan Analysis for ZARTRY

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

+55
Smart Scan Analysis for ZARTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40998633 0.41191349 0.40923712 0.41155700 +0.00157100
Prev. Close Volume Bid Ask Time
0.40998633 0.41132000 0.41179400 2020-01-22 08:58:19
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