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Forex Trend Analysis Report
Prepared for you on Monday, December 9, 2024.
South African Rand/Danish Krone (FOREX:ZARDKK)
Countertrend Up (+85) - ZARDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 6th, 2024 at 0.39804782
The short-term trend has been DOWN since Dec 6th, 2024 at 0.39009033
Smart Scan Analysis for ZARDKK
Based on our trend formula, ZARDKK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.39214745 | 0.39810526 | 0.39204000 | 0.39742500 | +0.00527800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39214745 | 2024-12-09 14:14:23 |