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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
South African Rand/Romanian Leu (FOREX:ZARRON)
Bull Market Weakness (+75) - ZARRON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARRON as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for ZARRON
The long-term trend has been UP since Sep 27th, 2024 at 0.26064913
The intermediate-term trend has been DOWN since Nov 13th, 2024 at 0.25801819
The short-term trend has been UP since Dec 2nd, 2024 at 0.26223830
Smart Scan Analysis for ZARRON
Based on our trend formula, ZARRON is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.26128776 | 0.26151934 | 0.26117398 | 0.26146268 | +0.00017500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26128776 | 2024-12-04 00:33:43 |