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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

South African Rand/Rwandan Franc (FOREX:ZARRWF)

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_ZARRWF
Open High Low ZARRWF Price Change
63.0645 63.0645 63.0645 63.0645 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARRWF

long term down The long term trend has been DOWN since Aug 11th, 2019 at 60.308

intermediate term up The intermediate term trend has been UP since Sep 12th, 2019 at 60.555

short term up The short term trend has been UP since Aug 23rd, 2019 at 60.249

Smart Scan Analysis for ZARRWF

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

-60
Smart Scan Analysis for ZARRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.0645 63.0645 63.0645 63.0645 0.0000
Prev. Close Volume Bid Ask Time
63.0645 62.1350 63.9940 2019-09-16 20:21:48
Want to analyze South African Rand/Rwandan Franc ZARRWF or another symbol? Try our Free Forex Trend Analysis Report.