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Future Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

SOUTH AFRICAN RAND Mar 2020 (CME:6Z.H20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

CME_6Z.H20
Open High Low 6Z.H20 Price Change
0.068325 0.068375 0.067950 0.067950 -0.000375
Entry Signal

MarketClub’s Trade Triangles for 6Z.H20

long term up The long term trend has been UP since Nov 21st, 2019 at 0.066925

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2020 at 0.068325

short term down The short term trend has been DOWN since Jan 27th, 2020 at 0.068725

Smart Scan Analysis for 6Z.H20

Based on a pre-defined weighted trend formula for chart analysis, 6Z.H20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for 6Z.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.068325 0.068375 0.067950 0.067950 -0.000375
Prev. Close Volume Bid Ask Time
0.068825 640 2020-01-29 06:23:48
Expiration2020-03-16Open Time18:00
Close Time17:00
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