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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

South African Rand/Philippine Peso (FOREX:ZARPHP)

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.

Open High Low ZARPHP Price Change
3.6460 3.6472 3.6423 3.6435 -0.0025
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term up The long term trend has been UP since Jan 30th, 2019 at 3.87960

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 3.77590

short term up The short term trend has been UP since Mar 19th, 2019 at 3.66925

Smart Scan Analysis for ZARPHP

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

Smart Scan Analysis for ZARPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6460 3.6472 3.6423 3.6435 -0.0025
Prev. Close Volume Bid Ask Time
3.6460 3.6423 3.6447 2019-03-20 01:37:33
Want to analyze South African Rand/Philippine Peso ZARPHP or another symbol? Try our Free Forex Trend Analysis Report.