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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

South African Rand/Norwegian Krone (FOREX:ZARNOK)

Strong Uptrend (+100) - ZARNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_ZARNOK
Open High Low ZARNOK Price Change
0.58452256 0.59030358 0.58320220 0.58723090 +0.00270800
Entry Signal

MarketClub’s Trade Triangles for ZARNOK

long term up The long-term trend has been UP since Apr 9th, 2024 at 0.58188014

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2024 at 0.58514902

short term up The short-term trend has been UP since Jun 7th, 2024 at 0.56825372

Smart Scan Analysis for ZARNOK

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

+100
Smart Scan Analysis for ZARNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.58452256 0.59030358 0.58320220 0.58723090 +0.00270800
Prev. Close Volume Bid Ask Time
0.58452256 2024-06-18 12:46:06
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