Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 15, 2019.

South African Rand/Canadian Dollar (FOREX:ZARCAD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_ZARCAD
Open High Low ZARCAD Price Change
0.089475 0.089480 0.089130 0.089156 -0.000319
Entry Signal

MarketClub’s Trade Triangles for ZARCAD

long term down The long term trend has been DOWN since Mar 14th, 2019 at 0.091820

intermediate term up The intermediate term trend has been UP since Oct 14th, 2019 at 0.089555

short term up The short term trend has been UP since Oct 11th, 2019 at 0.088100

Smart Scan Analysis for ZARCAD

Based on a pre-defined weighted trend formula for chart analysis, ZARCAD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZARCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.089475 0.089480 0.089130 0.089156 -0.000319
Prev. Close Volume Bid Ask Time
0.089475 0.089126 0.089187 2019-10-15 05:05:18
Want to analyze South African Rand/Canadian Dollar ZARCAD or another symbol? Try our Free Forex Trend Analysis Report.