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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 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.

FOREX_ZARCZK
Open High Low ZARCZK Price Change
1.2503844 1.2618566 1.2465000 1.2600000 +0.0096160
Entry Signal

MarketClub’s Trade Triangles for ZARCZK

long term up The long-term trend has been UP since Apr 9th, 2024 at 1.2653102

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 1.2303497

short term up The short-term trend has been UP since May 20th, 2024 at 1.2532000

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).

+75
Smart Scan Analysis for ZARCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2503844 1.2618566 1.2465000 1.2600000 +0.0096160
Prev. Close Volume Bid Ask Time
1.2503844 2024-05-21 12:19:08
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