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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

South African Rand/Romanian Leu (FOREX:ZARRON)

Weak Downtrend (-65) - ZARRON is showing signs of a strengthening downtrend. Monitor ZARRON as it may be building momentum to the downside.

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
0.26022420 0.26065976 0.25959436 0.25986156 -0.00036300
Entry Signal

MarketClub’s Trade Triangles for ZARRON

long term up The long-term trend has been UP since Sep 27th, 2024 at 0.26064913

intermediate term down The intermediate-term trend has been DOWN since Nov 13th, 2024 at 0.25801819

short term down The short-term trend has been DOWN since Nov 20th, 2024 at 0.25960571

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
Smart Scan Analysis for ZARRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26022420 0.26065976 0.25959436 0.25986156 -0.00036300
Prev. Close Volume Bid Ask Time
0.26022420 2024-11-20 03:40:32
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