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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2019.

South African Rand/Czech Koruna (FOREX:ZARCZK)

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_ZARCZK
Open High Low ZARCZK Price Change
1.60120 1.60890 1.60095 1.60785 +0.00665
Entry Signal

MarketClub’s Trade Triangles for ZARCZK

long term up The long term trend has been UP since Nov 29th, 2018 at 1.66615

intermediate term down The intermediate term trend has been DOWN since May 1st, 2019 at 1.58865

short term down The short term trend has been DOWN since May 17th, 2019 at 1.60020

Smart Scan Analysis for ZARCZK

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

+60
Smart Scan Analysis for ZARCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.60120 1.60890 1.60095 1.60785 +0.00665
Prev. Close Volume Bid Ask Time
1.60120 1.60680 1.60890 2019-05-20 12:27:29
Want to analyze South African Rand/Czech Koruna ZARCZK or another symbol? Try our Free Forex Trend Analysis Report.