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Forex Trend Analysis Report

Prepared for you on Monday, March 25, 2019.

South African Rand/New Zealand Dollar (FOREX:ZARNZD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_ZARNZD
Open High Low ZARNZD Price Change
0.100095 0.101310 0.100030 0.100860 +0.000765
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term down The long term trend has been DOWN since Mar 19th, 2019 at 0.100465

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2019 at 0.105610

short term down The short term trend has been DOWN since Mar 22nd, 2019 at 0.100405

Smart Scan Analysis for ZARNZD

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

-90
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.100095 0.101310 0.100030 0.100860 +0.000765
Prev. Close Volume Bid Ask Time
0.100095 0.100820 0.100900 2019-03-25 14:42:47
Want to analyze South African Rand/New Zealand Dollar ZARNZD or another symbol? Try our Free Forex Trend Analysis Report.