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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

South African Rand/Danish Krone (FOREX:ZARDKK)

Sidelines Mode (+55) - ZARDKK 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 ZARDKK?

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

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

FOREX_ZARDKK
Open High Low ZARDKK Price Change
0.38086583 0.38121962 0.37720389 0.37729067 -0.00357500
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

long term up The long-term trend has been UP since Jun 17th, 2024 at 0.38128574

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2024 at 0.38115157

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.37955928

Smart Scan Analysis for ZARDKK

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

+55
Smart Scan Analysis for ZARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38086583 0.38121962 0.37720389 0.37729067 -0.00357500
Prev. Close Volume Bid Ask Time
0.38086583 2024-07-15 05:41:43
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