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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

South African Rand/Kenyan Shilling (FOREX:ZARKES)

Bull Market Weakness (+75) - ZARKES is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARKES as it may be in the beginning stages of a reversal.

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
6.0919897 6.0919897 6.0915220 6.0915220 -0.0004680
Entry Signal

MarketClub’s Trade Triangles for ZARKES

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 6.8051170

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2020 at 5.9316914

short term up The short-term trend has been UP since May 18th, 2020 at 5.8240055

Smart Scan Analysis for ZARKES

Based on our trend formula, ZARKES is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.0919897 6.0919897 6.0915220 6.0915220 -0.0004680
Prev. Close Volume Bid Ask Time
6.0919897 5.9868297 6.1962143 2020-05-25 02:30:29
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