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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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_ZARSEK
Open High Low ZARSEK Price Change
0.655075 0.661285 0.653405 0.660505 +0.005430
Entry Signal

MarketClub’s Trade Triangles for ZARSEK

long term up The long term trend has been UP since Jan 29th, 2019 at 0.666300

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 0.643385

short term down The short term trend has been DOWN since Feb 11th, 2019 at 0.675580

Smart Scan Analysis for ZARSEK

Based on a pre-defined weighted trend formula for chart analysis, ZARSEK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ZARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.655075 0.661285 0.653405 0.660505 +0.005430
Prev. Close Volume Bid Ask Time
0.655075 0.660310 0.660700 2019-02-19 07:35:44
Want to analyze South African Rand/Swedish Krona ZARSEK or another symbol? Try our Free Forex Trend Analysis Report.