Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

South African Rand/Norwegian Krone (FOREX:ZARNOK)

Long-Term Uptrend (+90) - ZARNOK is in a strong uptrend that is likely to continue. While ZARNOK 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 ZARNOK?

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

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

Open	High	Low	ZARNOK Price	Change
0.60147000	0.60424039	0.60015324	0.60419067	+0.00272100
Entry Signal

MarketClub’s Trade Triangles for ZARNOK

The long-term trend has been UP since Apr 9th, 2024 at 0.58188014

The intermediate-term trend has been UP since Jun 17th, 2024 at 0.58514902

The short-term trend has been UP since Jul 22nd, 2024 at 0.59843462

Smart Scan Analysis for ZARNOK

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

+90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.60147000	0.60424039	0.60015324	0.60419067	+0.00272100
Prev. Close	Volume	Bid	Ask	Time
0.60147000				2024-07-26 17:00:06

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