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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South African Rand/Czech Koruna (FOREX:ZARCZK)
Sidelines Mode (-55) - ZARCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ZARCZK
The long-term trend has been UP since Jun 18th, 2024 at 1.2737668
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 1.3095806
The short-term trend has been UP since Nov 18th, 2024 at 1.3225262
Smart Scan Analysis for ZARCZK
Based on our trend formula, ZARCZK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3222283 | 1.3241742 | 1.3186068 | 1.3210500 | -0.0011780 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3222283 | 2024-11-20 03:34:07 |