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Forex Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

South African Rand/Paraguayan Guarani (FOREX:ZARPYG)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_ZARPYG
Open High Low ZARPYG Price Change
435.64369 435.64369 435.64369 435.64369 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARPYG

long term down The long term trend has been DOWN since Jun 6th, 2019 at 420.430

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 429.275

short term up The short term trend has been UP since Oct 17th, 2019 at 426.360

Smart Scan Analysis for ZARPYG

Based on a pre-defined weighted trend formula for chart analysis, ZARPYG scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for ZARPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
435.64369 435.64369 435.64369 435.64369 0.00000
Prev. Close Volume Bid Ask Time
435.64369 427.76542 443.52195 2019-10-17 20:06:23
Want to analyze South African Rand/Paraguayan Guarani ZARPYG or another symbol? Try our Free Forex Trend Analysis Report.