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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

South African Rand/Czech Koruna (FOREX:ZARCZK)

Strong Downtrend (-100) - ZARCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARCZK continues to fall. Traders should use caution and set stops.

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
1.1977500 1.1983500 1.1964000 1.1965008 -0.0012490
Entry Signal

MarketClub’s Trade Triangles for ZARCZK

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 1.4368765

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2023 at 1.1954404

short term down The short-term trend has been DOWN since Mar 20th, 2023 at 1.2161261

Smart Scan Analysis for ZARCZK

Based on our trend formula, ZARCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZARCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1977500 1.1983500 1.1964000 1.1965008 -0.0012490
Prev. Close Volume Bid Ask Time
1.1977500 2023-03-23 00:47:39
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