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Forex Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

South African Rand/Kenyan Shilling (FOREX:ZARKES)

Weak Downtrend (-65) - ZARKES is showing signs of a strengthening downtrend. Monitor ZARKES as it may be building momentum to the downside.

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
7.087474 7.087474 7.087474 7.087474 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARKES

long term down The long-term trend has been DOWN since Feb 14th, 2024 at 8.059365

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 7.034321

short term up The short-term trend has been UP since Jul 11th, 2024 at 7.033259

Smart Scan Analysis for ZARKES

Based on our trend formula, ZARKES is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.087474 7.087474 7.087474 7.087474 0.000000
Prev. Close Volume Bid Ask Time
7.087474 2024-07-14 13:10:51
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