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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

South African Rand/Botswana Pula (FOREX:ZARBWP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ZARBWP
Open High Low ZARBWP Price Change
0.737980 0.738335 0.736550 0.737715 -0.000265
Entry Signal

MarketClub’s Trade Triangles for ZARBWP

long term down The long term trend has been DOWN since Mar 27th, 2019 at 0.73495

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2019 at 0.74645

short term down The short term trend has been DOWN since Jun 13th, 2019 at 0.72884

Smart Scan Analysis for ZARBWP

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

-100
Smart Scan Analysis for ZARBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.737980 0.738335 0.736550 0.737715 -0.000265
Prev. Close Volume Bid Ask Time
0.737980 0.737480 0.737950 2019-06-16 23:28:10
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