Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

US Dollar/South African Rand (FOREX:USDZAR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDZAR
Open High Low USDZAR Price Change
15.304530 15.305750 15.300000 15.301245 -0.003285
Entry Signal

MarketClub’s Trade Triangles for USDZAR

long term up The long term trend has been UP since Aug 8th, 2019 at 15.17200

intermediate term up The intermediate term trend has been UP since Jul 26th, 2019 at 14.27467

short term up The short term trend has been UP since Aug 1st, 2019 at 14.39640

Smart Scan Analysis for USDZAR

Based on a pre-defined weighted trend formula for chart analysis, USDZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.304530 15.305750 15.300000 15.301245 -0.003285
Prev. Close Volume Bid Ask Time
15.304530 15.272370 15.330120 2019-08-18 15:12:39
Want to analyze US Dollar/South African Rand USDZAR or another symbol? Try our Free Forex Trend Analysis Report.