Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
South African Rand/Danish Krone (FOREX:ZARDKK)
Weak Uptrend (+65) - ZARDKK is showing signs of weakening momentum to the upside. Monitor ZARDKK as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for ZARDKK
The long-term trend has been UP since Feb 12th, 2021 at 0.42071070
The intermediate-term trend has been UP since Feb 7th, 2021 at 0.41649273
The short-term trend has been DOWN since Feb 25th, 2021 at 0.41098477
Smart Scan Analysis for ZARDKK
Based on our trend formula, ZARDKK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).