Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARLAK
The long-term trend has been UP since May 20th, 2020 at 495.76311
The intermediate-term trend has been UP since May 20th, 2020 at 495.76311
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).
| 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 |