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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

South African Rand/Icelandic Krona (FOREX:ZARISK)

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.

Open High Low ZARISK Price Change
8.42365 8.47075 8.41685 8.45815 +0.03450
Entry Signal

MarketClub’s Trade Triangles for ZARISK

long term down The long term trend has been DOWN since Aug 5th, 2019 at 8.1653

intermediate term up The intermediate term trend has been UP since Aug 30th, 2019 at 8.2692

short term down The short term trend has been DOWN since Sep 16th, 2019 at 8.5300

Smart Scan Analysis for ZARISK

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

Smart Scan Analysis for ZARISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.42365 8.47075 8.41685 8.45815 +0.03450
Prev. Close Volume Bid Ask Time
8.42365 8.42900 8.48730 2019-09-18 07:20:18
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