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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

South African Rand/New Taiwan Dollar (FOREX:ZARTWD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_ZARTWD
Open High Low ZARTWD Price Change
2.17895 2.17895 2.17895 2.17895 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARTWD

long term down The long term trend has been DOWN since Jun 6th, 2019 at 2.12515

intermediate term down The intermediate term trend has been DOWN since May 28th, 2019 at 2.17160

short term up The short term trend has been UP since Jun 12th, 2019 at 2.11860

Smart Scan Analysis for ZARTWD

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

-55
Smart Scan Analysis for ZARTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.17895 2.17895 2.17895 2.17895 0.00000
Prev. Close Volume Bid Ask Time
2.17895 2.11690 2.24100 2019-06-19 21:10:22
Want to analyze South African Rand/New Taiwan Dollar ZARTWD or another symbol? Try our Free Forex Trend Analysis Report.