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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
South African Rand/Norwegian Krone (FOREX:ZARNOK)
Long-Term Downtrend (-90) - ZARNOK is in a strong downtrend that is likely to continue. While ZARNOK 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 ZARNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARNOK.
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 ZARNOK
The long-term trend has been DOWN since Jan 5th, 2025 at 0.59784629
The intermediate-term trend has been DOWN since Mar 3rd, 2025 at 0.59890295
The short-term trend has been DOWN since Feb 28th, 2025 at 0.60196793
Smart Scan Analysis for ZARNOK
Based on our trend formula, ZARNOK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58414000 | 0.58415559 | 0.57816000 | 0.57992673 | -0.00421300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.58414000 | 2025-03-12 16:07:38 |