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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

South African Rand/Danish Krone (FOREX:ZARDKK)

Sidelines Mode (-55) - ZARDKK 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 ZARDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARDKK
Open High Low ZARDKK Price Change
0.38238286 0.38264804 0.38178476 0.38203500 -0.00034800
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.44221500

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 0.38069000

short term down The short-term trend has been DOWN since May 28th, 2020 at 0.38602738

Smart Scan Analysis for ZARDKK

Based on our trend formula, ZARDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38238286 0.38264804 0.38178476 0.38203500 -0.00034800
Prev. Close Volume Bid Ask Time
0.38238286 0.38118000 0.38289000 2020-05-31 16:13:54
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