Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
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 DOWN since Jul 13th, 2021 at 1.4778000
The intermediate-term trend has been UP since Oct 14th, 2021 at 1.4824395
The short-term trend has been UP since Oct 13th, 2021 at 1.4773514
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).