Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

South African Rand/Australian Dollar (FOREX:ZARAUD)

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_ZARAUD
Open High Low ZARAUD Price Change
0.100585 0.101095 0.100410 0.101045 +0.000460
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term down The long term trend has been DOWN since Mar 28th, 2019 at 0.096060

intermediate term up The intermediate term trend has been UP since May 10th, 2019 at 0.100305

short term down The short term trend has been DOWN since May 19th, 2019 at 0.100775

Smart Scan Analysis for ZARAUD

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

+55
Smart Scan Analysis for ZARAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.100585 0.101095 0.100410 0.101045 +0.000460
Prev. Close Volume Bid Ask Time
0.100585 0.101010 0.101080 2019-05-21 14:32:16
Want to analyze South African Rand/Australian Dollar ZARAUD or another symbol? Try our Free Forex Trend Analysis Report.