Future Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
US $/SOUTH AFRICAN RAND MARCH 2019 (ICE:@ZR.H19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for @ZR.H19
The long term trend has been DOWN since Dec 3rd, 2018 at 13.8000
The intermediate term trend has been UP since Feb 13th, 2019 at 14.0745
The short term trend has been UP since Feb 6th, 2019 at 13.4770
Smart Scan Analysis for @ZR.H19
Based on a pre-defined weighted trend formula for chart analysis, @ZR.H19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||13.3175|
|52wk Low Date||2019-01-31||Volatility||16.16|