Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/Cambodian Riel (FOREX:ZARKHR)
Bull Market Weakness (+75) - ZARKHR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARKHR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARKHR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARKHR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARKHR
The long-term trend has been UP since May 5th, 2024 at 219.17919
The intermediate-term trend has been UP since May 2nd, 2024 at 218.38035
The short-term trend has been UP since Apr 25th, 2024 at 212.27340
Smart Scan Analysis for ZARKHR
Based on our trend formula, ZARKHR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 219.45632 | 219.45632 | 219.45632 | 219.45632 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 219.30994 | 2024-05-06 01:56:08 |