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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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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 Nov 13th, 2024 at 0.38687415
The short-term trend has been UP since Nov 15th, 2024 at 0.39150153
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.39009000 | 0.39078488 | 0.38913232 | 0.38958583 | -0.00050400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39009000 | 2024-11-20 03:29:11 |