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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

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.

FOREX_ZARPHP
Open High Low ZARPHP Price Change
3.5298920 3.5482880 3.5131363 3.5196803 -0.0102120
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term up The long term trend has been UP since Dec 24th, 2019 at 3.5870000

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 3.5149501

short term up The short term trend has been UP since Jan 16th, 2020 at 3.5219468

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).

-55
Smart Scan Analysis for ZARPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5298920 3.5482880 3.5131363 3.5196803 -0.0102120
Prev. Close Volume Bid Ask Time
3.5298920 3.5186604 3.5207001 2020-01-17 17:14:40
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