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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

South African Rand/South Korean Won (FOREX:ZARKRW)

Long-Term Uptrend (+90) - ZARKRW is in a strong uptrend that is likely to continue. While ZARKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ZARKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARKRW
Open High Low ZARKRW Price Change
73.42981 73.60968 72.77185 73.02392 -0.40589
Entry Signal

MarketClub’s Trade Triangles for ZARKRW

long term up The long-term trend has been UP since Apr 3rd, 2024 at 72.17999

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 71.10807

short term up The short-term trend has been UP since Apr 3rd, 2024 at 72.08384

Smart Scan Analysis for ZARKRW

Based on our trend formula, ZARKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.42981 73.60968 72.77185 73.02392 -0.40589
Prev. Close Volume Bid Ask Time
73.42981 2024-04-15 18:18:12
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