Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
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.
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 Jan 21st, 2021 at 274.68480
The short-term trend has been UP since Feb 23rd, 2021 at 279.43292
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).