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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Sidelines Mode (+55) - ZARSEK 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 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
0.57992924 0.58248782 0.57781966 0.57852247 -0.00140700
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 up The intermediate-term trend has been UP since Jun 19th, 2024 at 0.58467082

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.57890717

Smart Scan Analysis for ZARSEK

Based on our trend formula, ZARSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.57992924 0.58248782 0.57781966 0.57852247 -0.00140700
Prev. Close Volume Bid Ask Time
0.57992924 2024-07-18 07:16:38
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