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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

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

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_ZARNZD
Open High Low ZARNZD Price Change
0.1062805 0.1063575 0.1054310 0.1058655 -0.0004150
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term up The long term trend has been UP since Jul 10th, 2019 at 0.10767500

intermediate term down The intermediate term trend has been DOWN since Oct 31st, 2019 at 0.10350000

short term down The short term trend has been DOWN since Nov 11th, 2019 at 0.10571804

Smart Scan Analysis for ZARNZD

Based on a pre-defined weighted trend formula for chart analysis, ZARNZD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1062805 0.1063575 0.1054310 0.1058655 -0.0004150
Prev. Close Volume Bid Ask Time
0.1062805 0.1058200 0.1059110 2019-11-18 11:05:38
Want to analyze South African Rand/New Zealand Dollar ZARNZD or another symbol? Try our Free Forex Trend Analysis Report.