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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
0.25332407 0.25361795 0.25203538 0.25226639 -0.00105800
Entry Signal

MarketClub’s Trade Triangles for ZARRON

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.28144403

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 0.24714484

short term up The short-term trend has been UP since May 20th, 2020 at 0.24367175

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
0.25332407 0.25361795 0.25203538 0.25226639 -0.00105800
Prev. Close Volume Bid Ask Time
0.25332407 0.25208215 0.25245062 2020-05-25 04:30:37
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