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Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Crossroads (+60) - ZARSEK 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 ZARSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARSEK
Open High Low ZARSEK Price Change
0.55450344 0.55496500 0.54937551 0.55166000 -0.00284300
Entry Signal

MarketClub’s Trade Triangles for ZARSEK

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 0.63309500

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 0.54559000

short term up The short-term trend has been UP since May 20th, 2020 at 0.53436038

Smart Scan Analysis for ZARSEK

Based on our trend formula, ZARSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55450344 0.55496500 0.54937551 0.55166000 -0.00284300
Prev. Close Volume Bid Ask Time
0.55450344 0.55144000 0.55188000 2020-05-27 05:18:25
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