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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

South African Rand/Danish Krone (FOREX:ZARDKK)

Long-Term Downtrend (-90) - ZARDKK is in a strong downtrend that is likely to continue. While ZARDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.37761884 0.37922395 0.37607685 0.37856071 +0.00094200
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 0.43129729

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2023 at 0.39736491

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 0.37611655

Smart Scan Analysis for ZARDKK

Based on our trend formula, ZARDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37761884 0.37922395 0.37607685 0.37856071 +0.00094200
Prev. Close Volume Bid Ask Time
0.37761884 2023-03-28 20:18:50
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