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.
MarketClub’s Trade Triangles for ZARKHR
The long-term trend has been UP since Apr 28th, 2020 at 215.42226
The intermediate-term trend has been UP since May 19th, 2020 at 223.62176
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).