Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
South African Rand/US Dollar (FOREX:ZARUSD)
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARUSD
The long term trend has been UP since Dec 12th, 2019 at 0.06895000
The intermediate term trend has been DOWN since Jan 13th, 2020 at 0.06920488
The short term trend has been UP since Jan 17th, 2020 at 0.06963280
Smart Scan Analysis for ZARUSD
Based on a pre-defined weighted trend formula for chart analysis, ZARUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06938285 | 0.06966750 | 0.06899811 | 0.06920775 | -0.00017500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06938285 | 0.06919649 | 0.06921900 | 2020-01-17 14:59:24 |