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Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
South African Rand/Cambodian Riel (FOREX:ZARKHR)
Countertrend Down (-85) - ZARKHR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for ZARKHR
The long-term trend has been DOWN since Aug 9th, 2021 at 278.23476
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 279.30298
The short-term trend has been UP since Oct 4th, 2021 at 272.05690
Smart Scan Analysis for ZARKHR
Based on our trend formula, ZARKHR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 275.89739 | 275.89739 | 275.89739 | 275.89739 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 281.01473 | 2021-10-14 07:18:43 |