Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

South African Rand/Romanian Leu (FOREX:ZARRON)

Bull Market Weakness (+75) - ZARRON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARRON as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZARRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	ZARRON Price	Change
0.25210158	0.25520534	0.25118338	0.25494238	+0.00284100
Entry Signal

MarketClub’s Trade Triangles for ZARRON

The long-term trend has been DOWN since Jul 15th, 2022 at 0.28618827

The intermediate-term trend has been UP since Mar 29th, 2023 at 0.25660344

The short-term trend has been UP since Mar 23rd, 2023 at 0.25132170

Smart Scan Analysis for ZARRON

Based on our trend formula, ZARRON is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.25210158	0.25520534	0.25118338	0.25494238	+0.00284100
Prev. Close	Volume	Bid	Ask	Time
0.25210158				2023-03-30 16:31:28

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