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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

South African Rand/Kenyan Shilling (FOREX:ZARKES)

Weak Uptrend (+65) - ZARKES is showing signs of weakening momentum to the upside. Monitor 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
6.957334 6.957334 6.957334 6.957334 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARKES

long term up The long-term trend has been UP since Dec 29th, 2022 at 7.227710

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2023 at 7.032662

short term down The short-term trend has been DOWN since Mar 9th, 2023 at 6.998005

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
6.957334 6.957334 6.957334 6.957334 0.000000
Prev. Close Volume Bid Ask Time
6.957334 2023-03-18 03:55:50
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