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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
South African Rand/Kenyan Shilling (FOREX:ZARKES)
Crossroads (-60) - ZARKES is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ZARKES
The long-term trend has been UP since Sep 15th, 2024 at 7.221569
The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 7.387073
The short-term trend has been DOWN since Oct 4th, 2024 at 7.411545
Smart Scan Analysis for ZARKES
Based on our trend formula, ZARKES is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.340355 | 7.340355 | 7.340355 | 7.340355 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.368867 | 2024-10-22 07:25:24 |