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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

South African Rand/Special Drawing Right (FOREX:ZARSDR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_ZARSDR
Open High Low ZARSDR Price Change
0.051338 0.051338 0.051338 0.051338 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARSDR

long term up The long term trend has been UP since Dec 2nd, 2018 at 0.052532

intermediate term down The intermediate term trend has been DOWN since Feb 15th, 2019 at 0.051409

short term up The short term trend has been UP since Feb 20th, 2019 at 0.051100

Smart Scan Analysis for ZARSDR

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

+55
Smart Scan Analysis for ZARSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.051338 0.051338 0.051338 0.051338 0.000000
Prev. Close Volume Bid Ask Time
0.051338 0.051338 0.051338 2019-02-20 20:58:32
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