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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
South African Rand/Swedish Krona (FOREX:ZARSEK)
Countertrend Up (+85) - ZARSEK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ZARSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSEK.
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 ZARSEK
The long-term trend has been UP since Mar 29th, 2024 at 0.57008157
The intermediate-term trend has been UP since Sep 18th, 2024 at 0.58528906
The short-term trend has been DOWN since Oct 23rd, 2024 at 0.59665388
Smart Scan Analysis for ZARSEK
Based on our trend formula, ZARSEK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.59774474 | 0.60195387 | 0.59669963 | 0.60108000 | +0.00333500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.59774474 | 2024-10-25 17:06:03 |