Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
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.
MarketClub’s Trade Triangles for ZARRON
The long-term trend has been UP since Feb 12th, 2021 at 0.27559606
The intermediate-term trend has been DOWN since Mar 8th, 2021 at 0.26473600
The short-term trend has been DOWN since Mar 4th, 2021 at 0.26760397
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).