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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

South African Rand/Singapore Dollar (FOREX:ZARSGD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_ZARSGD
Open High Low ZARSGD Price Change
0.094798 0.095182 0.094520 0.094524 -0.000274
Entry Signal

MarketClub’s Trade Triangles for ZARSGD

long term down The long term trend has been DOWN since Mar 14th, 2019 at 0.093194

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2019 at 0.097280

short term up The short term trend has been UP since Mar 21st, 2019 at 0.095033

Smart Scan Analysis for ZARSGD

Based on a pre-defined weighted trend formula for chart analysis, ZARSGD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ZARSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.094798 0.095182 0.094520 0.094524 -0.000274
Prev. Close Volume Bid Ask Time
0.094798 0.094517 0.094531 2019-03-21 14:26:50
Want to analyze South African Rand/Singapore Dollar ZARSGD or another symbol? Try our Free Forex Trend Analysis Report.