Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

South African Rand/Brazilian Real (FOREX:ZARBRL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_ZARBRL
Open High Low ZARBRL Price Change
0.27826001 0.28256517 0.27756923 0.28062681 +0.00236700
Entry Signal

MarketClub’s Trade Triangles for ZARBRL

long term up The long term trend has been UP since Sep 2nd, 2019 at 0.274455

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 0.281345

short term down The short term trend has been DOWN since Oct 17th, 2019 at 0.277739

Smart Scan Analysis for ZARBRL

Based on a pre-defined weighted trend formula for chart analysis, ZARBRL scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ZARBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27826001 0.28256517 0.27756923 0.28062681 +0.00236700
Prev. Close Volume Bid Ask Time
0.27826001 0.28038442 0.28086919 2019-10-17 18:46:04
Want to analyze South African Rand/Brazilian Real ZARBRL or another symbol? Try our Free Forex Trend Analysis Report.