Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

South African Rand/United Arab Emirates Dirham (FOREX:ZARAED)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_ZARAED
Open High Low ZARAED Price Change
0.252635 0.253880 0.251885 0.252680 +0.000045
Entry Signal

MarketClub’s Trade Triangles for ZARAED

long term down The long term trend has been DOWN since Mar 28th, 2019 at 0.249980

intermediate term down The intermediate term trend has been DOWN since Apr 25th, 2019 at 0.253370

short term up The short term trend has been UP since Jun 10th, 2019 at 0.247345

Smart Scan Analysis for ZARAED

Based on a pre-defined weighted trend formula for chart analysis, ZARAED scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ZARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.252635 0.253880 0.251885 0.252680 +0.000045
Prev. Close Volume Bid Ask Time
0.252635 0.252640 0.252720 2019-06-19 07:02:21
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