Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, February 15, 2019.

South African Rand/Canadian Dollar (FOREX:ZARCAD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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
0.094105 0.094615 0.093755 0.094115 +0.000010
Entry Signal

MarketClub’s Trade Triangles for ZARCAD

long term up The long term trend has been UP since Jan 25th, 2019 at 0.097560

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2019 at 0.095461

short term down The short term trend has been DOWN since Feb 4th, 2019 at 0.097990

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
0.094105 0.094615 0.093755 0.094115 +0.000010
Prev. Close Volume Bid Ask Time
0.094105 0.094080 0.094150 2019-02-15 18:15:36
Want to analyze South African Rand/Canadian Dollar ZARCAD or another symbol? Try our Free Forex Trend Analysis Report.