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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

South African Rand/Lesotho Loti (FOREX:ZARLSL)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ZARLSL
Open High Low ZARLSL Price Change
1.0021277 1.0058985 1.0001364 1.0047090 +0.0025810
Entry Signal

MarketClub’s Trade Triangles for ZARLSL

long term up The long term trend has been UP since Nov 4th, 2019 at 1.0188500

intermediate term up The intermediate term trend has been UP since Nov 3rd, 2019 at 1.0118460

short term up The short term trend has been UP since Dec 6th, 2019 at 1.0048938

Smart Scan Analysis for ZARLSL

Based on a pre-defined weighted trend formula for chart analysis, ZARLSL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for ZARLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0021277 1.0058985 1.0001364 1.0047090 +0.0025810
Prev. Close Volume Bid Ask Time
1.0021277 1.0037313 1.0056867 2019-12-06 16:59:48
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