Forex Trend Analysis Report
Prepared for you on Wednesday, December 2, 2020.
South African Rand/Czech Koruna (FOREX:ZARCZK)
Weak Downtrend (-65) - ZARCZK is showing signs of a strengthening downtrend. Monitor ZARCZK as it may be building momentum to the downside.
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 Oct 13th, 2020 at 1.4123938
The intermediate-term trend has been DOWN since Nov 30th, 2020 at 1.4259885
The short-term trend has been DOWN since Nov 26th, 2020 at 1.4371141
Smart Scan Analysis for ZARCZK
Based on our trend formula, ZARCZK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).