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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.
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MarketClub’s Trade Triangles for ZARCZK
The long-term trend has been DOWN since Jul 1st, 2022 at 1.4368765
The intermediate-term trend has been DOWN since Mar 21st, 2023 at 1.1954404
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).
| 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 |