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Forex Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

South African Rand/Danish Krone (FOREX:ZARDKK)

Strong Downtrend (-100) - ZARDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

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FOREX_ZARDKK
Open High Low ZARDKK Price Change
0.40830147 0.41073793 0.40115906 0.40317992 -0.00512200
Entry Signal

MarketClub’s Trade Triangles for ZARDKK

long term down The long-term trend has been DOWN since Jul 25th, 2021 at 0.42493000

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.42452664

short term down The short-term trend has been DOWN since Nov 16th, 2021 at 0.42270500

Smart Scan Analysis for ZARDKK

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

-100
Smart Scan Analysis for ZARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40830147 0.41073793 0.40115906 0.40317992 -0.00512200
Prev. Close Volume Bid Ask Time
0.40830147 2021-11-26 17:00:35
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