Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_ZARMYR
Open High Low ZARMYR Price Change
0.271175 0.272615 0.270850 0.272210 +0.001035
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term down The long term trend has been DOWN since Jun 6th, 2019 at 0.276770

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2019 at 0.290095

short term up The short term trend has been UP since Jul 31st, 2019 at 0.291565

Smart Scan Analysis for ZARMYR

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

-75
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.271175 0.272615 0.270850 0.272210 +0.001035
Prev. Close Volume Bid Ask Time
0.271175 0.272050 0.272370 2019-08-20 14:10:50
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