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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
South African Rand/Norwegian Krone (FOREX:ZARNOK)
Sidelines Mode (-55) - ZARNOK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ZARNOK
The long-term trend has been DOWN since Jan 5th, 2025 at 0.59784629
The intermediate-term trend has been UP since Jan 23rd, 2025 at 0.61488378
The short-term trend has been DOWN since Feb 18th, 2025 at 0.60215439
Smart Scan Analysis for ZARNOK
Based on our trend formula, ZARNOK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.60601617 | 0.60601617 | 0.60601617 | 0.60601617 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.60601617 | 2025-02-22 01:41:04 |