Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2019.
South African Rand/Ugandan Shilling (FOREX:ZARUGX)
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.
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MarketClub’s Trade Triangles for ZARUGX
The long term trend has been DOWN since May 30th, 2019 at 255.62000
The intermediate term trend has been DOWN since Nov 10th, 2019 at 250.23305
The short term trend has been UP since Nov 14th, 2019 at 248.24040
Smart Scan Analysis for ZARUGX
Based on a pre-defined weighted trend formula for chart analysis, ZARUGX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 251.62697 | 251.62697 | 251.62697 | 251.62697 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 251.62697 | 248.85649 | 254.39744 | 2019-11-21 20:04:50 |