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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Special Drawing Right/South African Rand (FOREX:SDRZAR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

FOREX_SDRZAR
Open High Low SDRZAR Price Change
19.998 19.998 19.998 19.998 0.000
Entry Signal

MarketClub’s Trade Triangles for SDRZAR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 19.036

intermediate term up The intermediate term trend has been UP since Feb 15th, 2019 at 19.452

short term up The short term trend has been UP since Feb 28th, 2019 at 19.487

Smart Scan Analysis for SDRZAR

Based on a pre-defined weighted trend formula for chart analysis, SDRZAR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SDRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.998 19.998 19.998 19.998 0.000
Prev. Close Volume Bid Ask Time
20.069 19.998 19.998 2019-03-12 22:09:28
Want to analyze Special Drawing Right/South African Rand SDRZAR or another symbol? Try our Free Forex Trend Analysis Report.