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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

South African Rand/Kenyan Shilling (FOREX:ZARKES)

Strong Downtrend (-100) - ZARKES is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZARKES?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARKES.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARKES
Open High Low ZARKES Price Change
7.070565 7.070565 7.070565 7.070565 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARKES

long term down The long-term trend has been DOWN since Mar 8th, 2021 at 7.141190

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 7.348463

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 7.468341

Smart Scan Analysis for ZARKES

Based on our trend formula, ZARKES is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZARKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.070565 7.070565 7.070565 7.070565 0.000000
Prev. Close Volume Bid Ask Time
7.070565 2021-03-08 07:19:12
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