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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

South African Rand/Czech Koruna (FOREX:ZARCZK)

Sidelines Mode (+55) - ZARCZK 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 ZARCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARCZK
Open High Low ZARCZK Price Change
1.5357919 1.5365500 1.5322287 1.5351280 -0.0006640
Entry Signal

MarketClub’s Trade Triangles for ZARCZK

long term up The long-term trend has been UP since Dec 24th, 2019 at 1.62215

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2020 at 1.57420

short term up The short-term trend has been UP since Feb 19th, 2020 at 1.54689

Smart Scan Analysis for ZARCZK

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

+55
Smart Scan Analysis for ZARCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5357919 1.5365500 1.5322287 1.5351280 -0.0006640
Prev. Close Volume Bid Ask Time
1.5357919 1.5334693 1.5367866 2020-02-20 02:34:39
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