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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

South African Rand/Cambodian Riel (FOREX:ZARKHR)

Long-Term Uptrend (+90) - ZARKHR is in a strong uptrend that is likely to continue. While ZARKHR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
228.86228 229.64291 228.60098 229.64291 +0.78063
Entry Signal

MarketClub’s Trade Triangles for ZARKHR

long term up The long-term trend has been UP since May 5th, 2024 at 219.17919

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2024 at 224.46884

short term up The short-term trend has been UP since Jun 9th, 2024 at 217.42378

Smart Scan Analysis for ZARKHR

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

+90
Smart Scan Analysis for ZARKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
228.86228 229.64291 228.60098 229.64291 +0.78063
Prev. Close Volume Bid Ask Time
228.09821 2024-06-19 21:00:51
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