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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
South African Rand/Norwegian Krone (FOREX:ZARNOK)
Crossroads (+60) - ZARNOK is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Jan 5th, 2025 at 0.59784629
The intermediate-term trend has been UP since May 2nd, 2025 at 0.56811000
The short-term trend has been UP since May 8th, 2025 at 0.57045301
Smart Scan Analysis for ZARNOK
Based on our trend formula, ZARNOK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.57166000 | 0.57269466 | 0.57036527 | 0.57102788 | -0.00063200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.57166000 | 2025-05-09 03:44:35 |