Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

South African Rand/US Dollar (FOREX:ZARUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_ZARUSD
Open High Low ZARUSD Price Change
0.065715 0.066326 0.065350 0.065565 -0.000150
Entry Signal

MarketClub’s Trade Triangles for ZARUSD

long term down The long term trend has been DOWN since Aug 7th, 2019 at 0.065902

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2019 at 0.070048

short term up The short term trend has been UP since Aug 21st, 2019 at 0.065760

Smart Scan Analysis for ZARUSD

Based on a pre-defined weighted trend formula for chart analysis, ZARUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.065715 0.066326 0.065350 0.065565 -0.000150
Prev. Close Volume Bid Ask Time
0.065570 0.065501 0.065630 2019-08-23 18:23:12
Want to analyze South African Rand/US Dollar ZARUSD or another symbol? Try our Free Forex Trend Analysis Report.