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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Ugandan Shilling/South African Rand (FOREX:UGXZAR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_UGXZAR
Open High Low UGXZAR Price Change
0.003845 0.003845 0.003845 0.003845 0.000000
Entry Signal

MarketClub’s Trade Triangles for UGXZAR

long term down The long term trend has been DOWN since Jan 30th, 2019 at 0.003673

intermediate term up The intermediate term trend has been UP since Feb 15th, 2019 at 0.003776

short term up The short term trend has been UP since Feb 6th, 2019 at 0.003635

Smart Scan Analysis for UGXZAR

Based on a pre-defined weighted trend formula for chart analysis, UGXZAR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for UGXZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003845 0.003845 0.003845 0.003845 0.000000
Prev. Close Volume Bid Ask Time
0.003845 0.003804 0.003887 2019-02-15 08:47:14
Want to analyze Ugandan Shilling/South African Rand UGXZAR or another symbol? Try our Free Forex Trend Analysis Report.