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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

South African Rand/Cambodian Riel (FOREX:ZARKHR)

Countertrend Up (+85) - ZARKHR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
228.19436 228.93807 228.19436 228.93807 +0.74371
Entry Signal

MarketClub’s Trade Triangles for ZARKHR

long term up The long-term trend has been UP since Apr 28th, 2020 at 215.42226

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 223.62176

short term up The short-term trend has been UP since May 19th, 2020 at 223.01465

Smart Scan Analysis for ZARKHR

Based on our trend formula, ZARKHR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZARKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
228.19436 228.93807 228.19436 228.93807 +0.74371
Prev. Close Volume Bid Ask Time
234.26131 223.85958 234.01655 2020-05-20 21:08:51
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