Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

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.

Open	High	Low	ZARRON Price	Change
0.28451254	0.28882747	0.28378057	0.28700585	+0.00249300
Entry Signal

MarketClub’s Trade Triangles for ZARRON

The long-term trend has been DOWN since Jul 26th, 2021 at 0.28075115

The intermediate-term trend has been UP since Dec 20th, 2021 at 0.27866100

The short-term trend has been UP since Jan 5th, 2022 at 0.27715518

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.28451254	0.28882747	0.28378057	0.28700585	+0.00249300
Prev. Close	Volume	Bid	Ask	Time
0.28451254				2022-01-20 17:35:38

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