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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

South African Rand/Romanian Leu (FOREX:ZARRON)

Strong Uptrend (+100) - ZARRON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARRON continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.25129476 0.25427496 0.25044971 0.25338782 +0.00209300
Entry Signal

MarketClub’s Trade Triangles for ZARRON

long term up The long-term trend has been UP since Apr 9th, 2024 at 0.24818352

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2024 at 0.25418210

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.24504464

Smart Scan Analysis for ZARRON

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

+100
Smart Scan Analysis for ZARRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25129476 0.25427496 0.25044971 0.25338782 +0.00209300
Prev. Close Volume Bid Ask Time
0.25129476 2024-06-14 16:59:39
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