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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

South African Rand/South Korean Won (FOREX:ZARKRW)

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_ZARKRW
Open High Low ZARKRW Price Change
78.9625 78.9625 78.9625 78.9625 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARKRW

long term up The long term trend has been UP since Jan 30th, 2019 at 82.7045

intermediate term down The intermediate term trend has been DOWN since Jul 31st, 2019 at 82.6385

short term up The short term trend has been UP since Aug 14th, 2019 at 80.1990

Smart Scan Analysis for ZARKRW

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

-55
Smart Scan Analysis for ZARKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.9625 78.9625 78.9625 78.9625 0.0000
Prev. Close Volume Bid Ask Time
78.9625 78.8970 79.0280 2019-08-18 04:49:24
Want to analyze South African Rand/South Korean Won ZARKRW or another symbol? Try our Free Forex Trend Analysis Report.