Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

British Pound/South African Rand (FOREX:GBPZAR)

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_GBPZAR
Open High Low GBPZAR Price Change
18.27250 18.29010 18.17376 18.24584 -0.02666
Entry Signal

MarketClub’s Trade Triangles for GBPZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 17.393515

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 18.119410

short term down The short term trend has been DOWN since Feb 21st, 2019 at 18.123320

Smart Scan Analysis for GBPZAR

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

+55
Smart Scan Analysis for GBPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.27250 18.29010 18.17376 18.24584 -0.02666
Prev. Close Volume Bid Ask Time
18.2725 18.23952 18.25216 2019-02-22 13:06:40
Want to analyze British Pound/South African Rand GBPZAR or another symbol? Try our Free Forex Trend Analysis Report.