Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
South African Rand/United Arab Emirates Dirham (FOREX:ZARAED)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
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MarketClub’s Trade Triangles for ZARAED
The long term trend has been DOWN since Mar 28th, 2019 at 0.249980
The intermediate term trend has been UP since Apr 1st, 2019 at 0.259685
The short term trend has been DOWN since Apr 16th, 2019 at 0.260670
Smart Scan Analysis for ZARAED
Based on a pre-defined weighted trend formula for chart analysis, ZARAED scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.256620 | 0.256715 | 0.253975 | 0.254395 | -0.002225 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.256620 | 0.254130 | 0.254660 | 2019-04-24 18:07:09 |