Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

South African Rand/Kenyan Shilling (FOREX:ZARKES)

Sidelines Mode (+50) - ZARKES is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARKES can gain momentum.

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
7.60761 7.60761 7.60761 7.60761 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARKES

long term down The long-term trend has been DOWN since Jul 20th, 2021 at 7.425897

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 7.432641

short term up The short-term trend has been UP since Oct 15th, 2021 at 7.432641

Smart Scan Analysis for ZARKES

Based on our trend formula, ZARKES is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.60761 7.60761 7.60761 7.60761 0.00000
Prev. Close Volume Bid Ask Time
7.60761 2021-10-19 07:16:42
Get a free daily analysis and signals for South African Rand/Kenyan Shilling (ZARKES) - Request Your Free Report.