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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/South Korean Won (FOREX:ZARKRW)
Countertrend Up (+85) - ZARKRW 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 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.
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MarketClub’s Trade Triangles for ZARKRW
The long-term trend has been UP since Apr 3rd, 2024 at 72.17999
The intermediate-term trend has been UP since Jun 14th, 2024 at 75.59918
The short-term trend has been UP since Jul 26th, 2024 at 75.84747
Smart Scan Analysis for ZARKRW
Based on our trend formula, ZARKRW is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 75.65278 | 76.08323 | 75.58160 | 75.82861 | +0.17583 |
| Prev. Close | Volume | Bid | Ask | Time |
| 75.65278 | 2024-07-26 20:28:25 |