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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

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, ZARKHR 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.

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FOREX_ZARKHR
Open High Low ZARKHR Price Change
216.91465 216.91465 216.91465 216.91465 0.00000
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 down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 219.96472

short term down The short-term trend has been DOWN since Nov 24th, 2023 at 219.96472

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).

-100
Smart Scan Analysis for ZARKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
216.91465 216.91465 216.91465 216.91465 0.00000
Prev. Close Volume Bid Ask Time
217.73583 2023-12-06 07:29:30
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