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Forex Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

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

Sidelines Mode (-55) - ZARKRW 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 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
77.7881 77.7881 77.7881 77.7881 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARKRW

long term down The long-term trend has been DOWN since Oct 29th, 2021 at 76.51385

intermediate term up The intermediate-term trend has been UP since Dec 20th, 2021 at 75.05393

short term down The short-term trend has been DOWN since Jan 28th, 2022 at 77.89123

Smart Scan Analysis for ZARKRW

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

-55
Smart Scan Analysis for ZARKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.7881 77.7881 77.7881 77.7881 0.0000
Prev. Close Volume Bid Ask Time
77.7881 2022-01-29 05:23:57
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