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Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
South African Rand/Lao Kip (FOREX:ZARLAK)
Sidelines Mode (+50) - ZARLAK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARLAK can gain momentum.
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.
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MarketClub’s Trade Triangles for ZARLAK
The long-term trend has been DOWN since Feb 15th, 2023 at 937.2768
The intermediate-term trend has been UP since Mar 28th, 2023 at 924.8363
The short-term trend has been UP since Mar 28th, 2023 at 924.8363
Smart Scan Analysis for ZARLAK
Based on our trend formula, ZARLAK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 928.4228 | 928.7047 | 928.4228 | 928.7047 | +0.2819 |
| Prev. Close | Volume | Bid | Ask | Time |
| 951.6152 | 2023-03-28 13:24:45 |