Forex Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
South African Rand/Cambodian Riel (FOREX:ZARKHR)
Strong Downtrend (-100) - ZARKHR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ZARKHR
The long-term trend has been DOWN since Aug 9th, 2021 at 278.23476
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 279.30298
The short-term trend has been DOWN since Sep 15th, 2021 at 286.29494
Smart Scan Analysis for ZARKHR
Based on our trend formula, ZARKHR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).