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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Norwegian Krone (FOREX:ZARNOK)
Sidelines Mode (-55) - ZARNOK 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 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 UP since Apr 9th, 2024 at 0.58188014
The intermediate-term trend has been DOWN since Dec 24th, 2024 at 0.60762708
The short-term trend has been UP since Dec 25th, 2024 at 0.62405970
Smart Scan Analysis for ZARNOK
Based on our trend formula, ZARNOK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.60681708 | 0.61338992 | 0.60503561 | 0.61037901 | +0.00356200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.60681708 | 2024-12-26 06:00:20 |