Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

South African Rand/Romanian Leu (FOREX:ZARRON)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_ZARRON
Open High Low ZARRON Price Change
0.29805397 0.29805397 0.29793506 0.29793506 -0.00011900
Entry Signal

MarketClub’s Trade Triangles for ZARRON

long term up The long term trend has been UP since Dec 13th, 2019 at 0.29725748

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2020 at 0.29650182

short term down The short term trend has been DOWN since Jan 13th, 2020 at 0.29831693

Smart Scan Analysis for ZARRON

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

-60
Smart Scan Analysis for ZARRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.29805397 0.29805397 0.29793506 0.29793506 -0.00011900
Prev. Close Volume Bid Ask Time
0.29805397 0.29758911 0.29828100 2020-01-20 02:18:19
Get a free daily report for South African Rand/Romanian Leu (ZARRON) - Free Trend Analysis Report.