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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

Tunisian Dinar/South African Rand (FOREX:TNDZAR)

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

Open High Low TNDZAR Price Change
4.82385 4.83060 4.81455 4.81455 -0.00930
Entry Signal

MarketClub’s Trade Triangles for TNDZAR

long term down The long term trend has been DOWN since Nov 7th, 2018 at 4.85820

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2019 at 4.74515

short term up The short term trend has been UP since May 17th, 2019 at 4.76880

Smart Scan Analysis for TNDZAR

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

Smart Scan Analysis for TNDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.82385 4.83060 4.81455 4.81455 -0.00930
Prev. Close Volume Bid Ask Time
4.82385 4.80450 4.82460 2019-05-24 18:21:52
Want to analyze Tunisian Dinar/South African Rand TNDZAR or another symbol? Try our Free Forex Trend Analysis Report.