Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

South African Rand/Swedish Krona (FOREX:ZARSEK)

Long-Term Downtrend (-90) - ZARSEK is in a strong downtrend that is likely to continue. While ZARSEK 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 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
0.56240931 0.56573899 0.55760215 0.56244234 +0.00003300
Entry Signal

MarketClub’s Trade Triangles for ZARSEK

long term down The long-term trend has been DOWN since Jul 26th, 2021 at 0.58111044

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2021 at 0.57722117

short term down The short-term trend has been DOWN since Nov 25th, 2021 at 0.56548874

Smart Scan Analysis for ZARSEK

Based on our trend formula, ZARSEK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZARSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56240931 0.56573899 0.55760215 0.56244234 +0.00003300
Prev. Close Volume Bid Ask Time
0.56240931 2021-11-26 17:00:35
Get a free daily analysis and signals for South African Rand/Swedish Krona (ZARSEK) - Request Your Free Report.