Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Bull Market Weakness (+75) - ZARSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARSEK as it may be in the beginning stages of a reversal.

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.

Open	High	Low	ZARSEK Price	Change
0.57010500	0.57252185	0.56996500	0.57111878	+0.00101400
Entry Signal

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 Mar 20th, 2024 at 0.55452595

The short-term trend has been DOWN since Apr 18th, 2024 at 0.56925858

Smart Scan Analysis for ZARSEK

Based on our trend formula, ZARSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.57010500	0.57252185	0.56996500	0.57111878	+0.00101400
Prev. Close	Volume	Bid	Ask	Time
0.57010500				2024-04-19 01:19:09

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