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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

South African Rand/Czech Koruna (FOREX:ZARCZK)

Countertrend Down (-85) - ZARCZK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
1.2046488 1.2149500 1.1995500 1.2109376 +0.0062890
Entry Signal

MarketClub’s Trade Triangles for ZARCZK

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 1.4368765

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2023 at 1.1954404

short term up The short-term trend has been UP since Mar 24th, 2023 at 1.2106665

Smart Scan Analysis for ZARCZK

Based on our trend formula, ZARCZK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ZARCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2046488 1.2149500 1.1995500 1.2109376 +0.0062890
Prev. Close Volume Bid Ask Time
1.2046488 2023-03-24 19:15:03
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