Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
South African Rand/Lao Kip (FOREX:ZARLAK)
Weak Downtrend (-65) - ZARLAK is showing signs of a strengthening downtrend. Monitor ZARLAK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZARLAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARLAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARLAK
The long-term trend has been UP since Oct 12th, 2021 at 675.7105
The intermediate-term trend has been DOWN since Jul 5th, 2022 at 915.0241
The short-term trend has been DOWN since Jul 5th, 2022 at 915.0241
Smart Scan Analysis for ZARLAK
Based on our trend formula, ZARLAK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).