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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

South African Rand/Lao Kip (FOREX:ZARLAK)

Countertrend Up (+85) - ZARLAK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
687.5458 687.5458 687.5458 687.5458 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARLAK

long term up The long-term trend has been UP since Oct 12th, 2021 at 675.71050

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 669.52936

short term up The short-term trend has been UP since Oct 4th, 2021 at 662.30614

Smart Scan Analysis for ZARLAK

Based on our trend formula, ZARLAK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZARLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
687.5458 687.5458 687.5458 687.5458 0.0000
Prev. Close Volume Bid Ask Time
687.5458 2021-10-18 07:17:19
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