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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Euro/South African Rand (FOREX:EURZAR)

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.

FOREX_EURZAR
Open High Low EURZAR Price Change
16.160560 16.311005 16.152000 16.256605 +0.096045
Entry Signal

MarketClub’s Trade Triangles for EURZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 15.489035

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 15.883425

short term down The short term trend has been DOWN since Mar 20th, 2019 at 16.297460

Smart Scan Analysis for EURZAR

Based on a pre-defined weighted trend formula for chart analysis, EURZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for EURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.160560 16.311005 16.152000 16.256605 +0.096045
Prev. Close Volume Bid Ask Time
16.160560 16.251300 16.261910 2019-03-22 10:23:10
Want to analyze Euro/South African Rand EURZAR or another symbol? Try our Free Forex Trend Analysis Report.