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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

South African Rand/Cambodian Riel (FOREX:ZARKHR)

Countertrend Down (-85) - ZARKHR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_ZARKHR
Open High Low ZARKHR Price Change
275.89739 275.89739 275.89739 275.89739 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARKHR

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 278.23476

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2021 at 279.30298

short term up The short-term trend has been UP since Oct 4th, 2021 at 272.05690

Smart Scan Analysis for ZARKHR

Based on our trend formula, ZARKHR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ZARKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
275.89739 275.89739 275.89739 275.89739 0.00000
Prev. Close Volume Bid Ask Time
281.01473 2021-10-14 07:18:43
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