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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
South African Rand/Kuwaiti Dinar (FOREX:ZARKWD)
Long-Term Downtrend (-90) - ZARKWD is in a strong downtrend that is likely to continue. While ZARKWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARKWD.
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 ZARKWD
The long-term trend has been DOWN since Oct 3rd, 2023 at 0.01598486
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.01611464
The short-term trend has been DOWN since Apr 10th, 2024 at 0.01643916
Smart Scan Analysis for ZARKWD
Based on our trend formula, ZARKWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01603203 | 0.01616544 | 0.01603032 | 0.01616072 | +0.00012900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01603203 | 2024-04-19 15:34:55 |