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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South African Rand/Danish Krone (FOREX:ZARDKK)

Crossroads (-60) - ZARDKK is struggling to move into a solid trend. Beware of choppy markets 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
0.38264212 0.38630212 0.37888206 0.37986935 -0.00277300
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

long term up The long-term trend has been UP since Jun 17th, 2024 at 0.38128574

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 0.38871096

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 0.39588367

Smart Scan Analysis for ZARDKK

Based on our trend formula, ZARDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38264212 0.38630212 0.37888206 0.37986935 -0.00277300
Prev. Close Volume Bid Ask Time
0.38264212 2024-12-26 16:21:44
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