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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

South African Rand/Icelandic Krona (FOREX:ZARISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_ZARISK
Open High Low ZARISK Price Change
8.99465 9.02725 8.86395 8.86405 -0.13060
Entry Signal

MarketClub’s Trade Triangles for ZARISK

long term up The long term trend has been UP since Jun 18th, 2019 at 8.72010

intermediate term up The intermediate term trend has been UP since Jun 18th, 2019 at 8.58770

short term down The short term trend has been DOWN since Jul 18th, 2019 at 9.00725

Smart Scan Analysis for ZARISK

Based on a pre-defined weighted trend formula for chart analysis, ZARISK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ZARISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.99465 9.02725 8.86395 8.86405 -0.13060
Prev. Close Volume Bid Ask Time
8.99465 8.83290 8.89520 2019-07-23 13:34:27
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