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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

South African Rand/Indonesian Rupiah (FOREX:ZARIDR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_ZARIDR
Open High Low ZARIDR Price Change
945.0953 945.6198 937.5417 940.2506 -4.8447
Entry Signal

MarketClub’s Trade Triangles for ZARIDR

long term up The long term trend has been UP since Dec 2nd, 2019 at 968.0550

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 960.6034

short term up The short term trend has been UP since Jan 7th, 2020 at 983.9223

Smart Scan Analysis for ZARIDR

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

+55
Smart Scan Analysis for ZARIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
945.0953 945.6198 937.5417 940.2506 -4.8447
Prev. Close Volume Bid Ask Time
945.0953 925.9409 954.5602 2020-01-20 13:18:14
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