Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_ZARAED
Open High Low ZARAED Price Change
0.250070 0.250275 0.248800 0.249570 -0.000500
Entry Signal

MarketClub’s Trade Triangles for ZARAED

long term down The long term trend has been DOWN since Aug 8th, 2019 at 0.24211

intermediate term up The intermediate term trend has been UP since Sep 3rd, 2019 at 0.24364

short term down The short term trend has been DOWN since Sep 16th, 2019 at 0.25010

Smart Scan Analysis for ZARAED

Based on a pre-defined weighted trend formula for chart analysis, ZARAED scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.250070 0.250275 0.248800 0.249570 -0.000500
Prev. Close Volume Bid Ask Time
0.250070 0.249520 0.249620 2019-09-17 04:25:52
Want to analyze South African Rand/United Arab Emirates Dirham ZARAED or another symbol? Try our Free Forex Trend Analysis Report.