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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

South African Rand/Indian Rupee (FOREX:ZARINR)

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.

FOREX_ZARINR
Open High Low ZARINR Price Change
5.0749 5.0749 5.0749 5.0749 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARINR

long term up The long term trend has been UP since Nov 7th, 2018 at 5.20090

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2019 at 5.09555

short term up The short term trend has been UP since Feb 21st, 2019 at 5.09850

Smart Scan Analysis for ZARINR

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

-55
Smart Scan Analysis for ZARINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0749 5.0749 5.0749 5.0749 0.0000
Prev. Close Volume Bid Ask Time
5.0749 5.0731 5.0767 2019-02-23 03:09:19
Want to analyze South African Rand/Indian Rupee ZARINR or another symbol? Try our Free Forex Trend Analysis Report.