Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
Canadian Dollar/South African Rand (FOREX:CADZAR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CADZAR
The long term trend has been UP since Mar 14th, 2019 at 10.8885
The intermediate term trend has been UP since Feb 13th, 2019 at 10.4770
The short term trend has been UP since Mar 13th, 2019 at 10.7695
Smart Scan Analysis for CADZAR
Based on a pre-defined weighted trend formula for chart analysis, CADZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).