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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

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

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

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
79.06841 79.57865 78.55131 79.32366 +0.25525
Entry Signal

MarketClub’s Trade Triangles for ZARKRW

long term up The long-term trend has been UP since Sep 10th, 2021 at 82.88206

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2021 at 78.59351

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 80.25607

Smart Scan Analysis for ZARKRW

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

-70
Smart Scan Analysis for ZARKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.06841 79.57865 78.55131 79.32366 +0.25525
Prev. Close Volume Bid Ask Time
79.06841 2021-10-25 16:30:32
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