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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Lao Kip (FOREX:ZARLAK)
Strong Downtrend (-100) - ZARLAK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARLAK continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 21st, 2024 at 1197.3618
The intermediate-term trend has been DOWN since Dec 21st, 2024 at 1206.7025
The short-term trend has been DOWN since Dec 18th, 2024 at 1224.4213
Smart Scan Analysis for ZARLAK
Based on our trend formula, ZARLAK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1190.7068 | 1190.7068 | 1190.7068 | 1190.7068 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1170.6154 | 2024-12-21 08:23:55 |