Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, January 16, 2025.

South African Rand/South Korean Won (FOREX:ZARKRW)

Weak Downtrend (-65) - ZARKRW is showing signs of a strengthening downtrend. Monitor ZARKRW as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZARKRW?

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

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

FOREX_ZARKRW
Open High Low ZARKRW Price Change
77.42876 77.63557 77.19545 77.31073 -0.11803
Entry Signal

MarketClub’s Trade Triangles for ZARKRW

long term up The long-term trend has been UP since Oct 7th, 2024 at 77.68248

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 76.92255

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 76.76783

Smart Scan Analysis for ZARKRW

Based on our trend formula, ZARKRW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.42876 77.63557 77.19545 77.31073 -0.11803
Prev. Close Volume Bid Ask Time
77.42876 2025-01-16 20:02:54
Get a free daily analysis and signals for South African Rand/South Korean Won (ZARKRW) - Request Your Free Report.