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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Crossroads (-60) - ZARSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_ZARSEK
Open High Low ZARSEK Price Change
0.58817341 0.58841721 0.58474608 0.58752825 -0.00064500
Entry Signal

MarketClub’s Trade Triangles for ZARSEK

long term up The long-term trend has been UP since Mar 29th, 2024 at 0.57008157

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.59803323

short term down The short-term trend has been DOWN since Feb 3rd, 2025 at 0.58922500

Smart Scan Analysis for ZARSEK

Based on our trend formula, ZARSEK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.58817341 0.58841721 0.58474608 0.58752825 -0.00064500
Prev. Close Volume Bid Ask Time
0.58817341 2025-02-06 08:12:40
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