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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

South African Rand/Czech Koruna (FOREX:ZARCZK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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 ZARCZK Price Change
1.61210 1.61240 1.57780 1.58375 -0.02835
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 Feb 14th, 2019 at 1.61370

short term up The short term trend has been UP since Feb 11th, 2019 at 1.67675

Smart Scan Analysis for ZARCZK

Based on a pre-defined weighted trend formula for chart analysis, ZARCZK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZARCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.61210 1.61240 1.57780 1.58375 -0.02835
Prev. Close Volume Bid Ask Time
1.61210 1.58270 1.58480 2019-02-20 09:06:08
Want to analyze South African Rand/Czech Koruna ZARCZK or another symbol? Try our Free Forex Trend Analysis Report.