Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
South African Rand/Croatian Kuna (FOREX:ZARHRK)
Bear Market Rally (-75) - ZARHRK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARHRK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZARHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARHRK
The long-term trend has been DOWN since Jul 26th, 2021 at 0.43325520
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.43476469
The short-term trend has been UP since Oct 12th, 2021 at 0.43280727
Smart Scan Analysis for ZARHRK
Based on our trend formula, ZARHRK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).