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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

South African Rand/Lao Kip (FOREX:ZARLAK)

Long-Term Uptrend (+90) - ZARLAK is in a strong uptrend that is likely to continue. While ZARLAK 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 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.

FOREX_ZARLAK
Open High Low ZARLAK Price Change
1169.0148 1169.0148 1169.0148 1169.0148 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARLAK

long term up The long-term trend has been UP since Apr 3rd, 2024 at 1126.3143

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 1143.4140

short term up The short-term trend has been UP since May 13th, 2024 at 1154.2109

Smart Scan Analysis for ZARLAK

Based on our trend formula, ZARLAK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1169.0148 1169.0148 1169.0148 1169.0148 0.0000
Prev. Close Volume Bid Ask Time
1169.0148 2024-05-22 21:00:53
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