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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

South African Rand/Cambodian Riel (FOREX:ZARKHR)

Long-Term Downtrend (-90) - ZARKHR is in a strong downtrend that is likely to continue. While ZARKHR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
213.51738 213.51738 213.51738 213.51738 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARKHR

long term down The long-term trend has been DOWN since Oct 6th, 2023 at 215.74046

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 214.34803

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 215.46262

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
213.51738 213.51738 213.51738 213.51738 0.00000
Prev. Close Volume Bid Ask Time
213.51738 2024-03-28 22:00:13
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