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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
South African Rand/Danish Krone (FOREX:ZARDKK)
Countertrend Up (+85) - ZARDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for ZARDKK
The long-term trend has been UP since Jun 17th, 2024 at 0.38128574
The intermediate-term trend has been UP since Sep 18th, 2024 at 0.38383727
The short-term trend has been DOWN since Oct 23rd, 2024 at 0.38915874
Smart Scan Analysis for ZARDKK
Based on our trend formula, ZARDKK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38981859 | 0.39159000 | 0.38918852 | 0.39101500 | +0.00119600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38981859 | 2024-10-25 17:06:03 |