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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

South African Rand/Cambodian Riel (FOREX:ZARKHR)

Bear Market Rally (-75) - ZARKHR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARKHR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZARKHR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARKHR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARKHR
Open High Low ZARKHR Price Change
214.85656 214.85656 214.34803 214.34803 -0.50853
Entry Signal

MarketClub’s Trade Triangles for ZARKHR

long term down The long-term trend has been DOWN since Oct 6th, 2023 at 215.74046

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 215.86884

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 215.46262

Smart Scan Analysis for ZARKHR

Based on our trend formula, ZARKHR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZARKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
214.85656 214.85656 214.34803 214.34803 -0.50853
Prev. Close Volume Bid Ask Time
212.28083 2024-03-18 22:07:04
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