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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South African Rand/Lao Kip (FOREX:ZARLAK)
Crossroads (-60) - ZARLAK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 3rd, 2024 at 1126.3143
The intermediate-term trend has been DOWN since Nov 13th, 2024 at 1239.3741
The short-term trend has been DOWN since Nov 13th, 2024 at 1239.3741
Smart Scan Analysis for ZARLAK
Based on our trend formula, ZARLAK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1218.0448 | 1218.0448 | 1218.0448 | 1218.0448 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1218.0448 | 2024-11-18 21:06:11 |