Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
South African Rand/ (FOREX:ZARGHS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARGHS
The long term trend has been UP since Nov 24th, 2019 at 0.37712046
The intermediate term trend has been DOWN since Jan 12th, 2020 at 0.39862467
The short term trend has been DOWN since Jan 26th, 2020 at 0.38819306
Smart Scan Analysis for ZARGHS
Based on a pre-defined weighted trend formula for chart analysis, ZARGHS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38041800 | 0.38041800 | 0.38041800 | 0.38041800 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38041800 | 0.37886182 | 0.38197418 | 2020-01-29 07:19:22 |