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Forex Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

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
515.46655 515.46655 515.46655 515.46655 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARLAK

long term up The long-term trend has been UP since May 20th, 2020 at 495.76311

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 495.76311

short term up The short-term trend has been UP since May 19th, 2020 at 489.15590

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
515.46655 515.46655 515.46655 515.46655 0.00000
Prev. Close Volume Bid Ask Time
526.59244 502.59546 528.33763 2020-06-01 07:17:50
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