Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

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

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_ZARAED
Open High Low ZARAED Price Change
0.259835 0.261420 0.258710 0.260385 +0.000550
Entry Signal

MarketClub’s Trade Triangles for ZARAED

long term up The long term trend has been UP since Dec 3rd, 2018 at 0.269850

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2019 at 0.262740

short term down The short term trend has been DOWN since Feb 4th, 2019 at 0.274455

Smart Scan Analysis for ZARAED

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

-60
Smart Scan Analysis for ZARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.259835 0.261420 0.258710 0.260385 +0.000550
Prev. Close Volume Bid Ask Time
0.259835 0.259280 0.261490 2019-02-15 18:24:56
Want to analyze South African Rand/United Arab Emirates Dirham ZARAED or another symbol? Try our Free Forex Trend Analysis Report.