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Forex Trend Analysis Report

Prepared for you on Friday, February 15, 2019.

Swiss Franc/South African Rand (FOREX:CHFZAR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_CHFZAR
Open High Low CHFZAR Price Change
14.05900 14.12150 13.96795 14.04450 -0.01450
Entry Signal

MarketClub’s Trade Triangles for CHFZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 13.6607

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 14.0215

short term up The short term trend has been UP since Feb 6th, 2019 at 13.4695

Smart Scan Analysis for CHFZAR

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

+70
Smart Scan Analysis for CHFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.05900 14.12150 13.96795 14.04450 -0.01450
Prev. Close Volume Bid Ask Time
14.05900 14.04000 14.04900 2019-02-15 14:27:58
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