Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
SOUTH AFRICAN RAND Sep 2019 (CME:6Z.U19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for 6Z.U19
The long term trend has been DOWN since Aug 9th, 2019 at 0.065100
The intermediate term trend has been UP since Sep 3rd, 2019 at 0.066125
The short term trend has been UP since Aug 30th, 2019 at 0.065075
Smart Scan Analysis for 6Z.U19
Based on a pre-defined weighted trend formula for chart analysis, 6Z.U19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).