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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

South African Rand/Swiss Franc (FOREX:ZARCHF)

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.

Open High Low ZARCHF Price Change
0.070862 0.070897 0.070654 0.070687 -0.000175
Entry Signal

MarketClub’s Trade Triangles for ZARCHF

long term down The long term trend has been DOWN since May 29th, 2019 at 0.067552

intermediate term up The intermediate term trend has been UP since Jun 30th, 2019 at 0.069500

short term up The short term trend has been UP since Jul 19th, 2019 at 0.071200

Smart Scan Analysis for ZARCHF

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

Smart Scan Analysis for ZARCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.070862 0.070897 0.070654 0.070687 -0.000175
Prev. Close Volume Bid Ask Time
0.070862 0.070679 0.070695 2019-07-23 02:35:43
Want to analyze South African Rand/Swiss Franc ZARCHF or another symbol? Try our Free Forex Trend Analysis Report.