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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

South African Rand/Swiss Franc (FOREX:ZARCHF)

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_ZARCHF
Open High Low ZARCHF Price Change
0.071465 0.071465 0.071465 0.071465 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARCHF

long term up The long term trend has been UP since Dec 3rd, 2018 at 0.073230

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 0.071291

short term down The short term trend has been DOWN since Feb 6th, 2019 at 0.074249

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).

-60
Smart Scan Analysis for ZARCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.071465 0.071465 0.071465 0.071465 0.000000
Prev. Close Volume Bid Ask Time
0.071465 0.071456 0.071474 2019-02-16 16:17:16
Want to analyze South African Rand/Swiss Franc ZARCHF or another symbol? Try our Free Forex Trend Analysis Report.