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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 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
0.36501918 0.36521241 0.36311548 0.36412946 -0.00089000
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.37354672

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 0.36220500

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.36866298

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
0.36501918 0.36521241 0.36311548 0.36412946 -0.00089000
Prev. Close Volume Bid Ask Time
0.36501918 2024-04-23 06:40:17
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