Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

Open	High	Low	ZARDKK Price	Change
0.37507000	0.37744683	0.37495693	0.37598209	+0.00091200
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

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

The intermediate-term trend has been DOWN since Jul 25th, 2024 at 0.37205936

The short-term trend has been UP since Jul 26th, 2024 at 0.37707224

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.37507000	0.37744683	0.37495693	0.37598209	+0.00091200
Prev. Close	Volume	Bid	Ask	Time
0.37507000				2024-07-26 16:59:56

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