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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

South African Rand/Romanian Leu (FOREX:ZARRON)

Crossroads (-60) - ZARRON 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 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.

FOREX_ZARRON
Open High Low ZARRON Price Change
0.26698806 0.26705468 0.26429395 0.26565902 -0.00132900
Entry Signal

MarketClub’s Trade Triangles for ZARRON

long term up The long-term trend has been UP since Feb 12th, 2021 at 0.27559606

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2021 at 0.26473600

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 0.26760397

Smart Scan Analysis for ZARRON

Based on our trend formula, ZARRON is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26698806 0.26705468 0.26429395 0.26565902 -0.00132900
Prev. Close Volume Bid Ask Time
0.26698806 2021-03-08 19:57:13
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