Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
South African Rand/Czech Koruna (FOREX:ZARCZK)
Bull Market Weakness (+75) - ZARCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARCZK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARCZK
The long-term trend has been UP since Apr 9th, 2024 at 1.2653102
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 1.2303497
The short-term trend has been UP since Apr 26th, 2024 at 1.2397500
Smart Scan Analysis for ZARCZK
Based on our trend formula, ZARCZK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2531281 | 1.2589606 | 1.2528040 | 1.2573073 | +0.0041790 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2531281 | 2024-05-03 17:02:43 |