Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

South African Rand/Romanian Leu (FOREX:ZARRON)

Sidelines Mode (+55) - ZARRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.24969036	0.25130336	0.24964196	0.25035539	+0.00066500
Entry Signal

MarketClub’s Trade Triangles for ZARRON

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

The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 0.24818374

The short-term trend has been UP since Jul 26th, 2024 at 0.25117947

Smart Scan Analysis for ZARRON

Based on our trend formula, ZARRON is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.24969036	0.25130336	0.24964196	0.25035539	+0.00066500
Prev. Close	Volume	Bid	Ask	Time
0.24969036				2024-07-26 17:00:03

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