Forex Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
South African Rand/Lao Kip (FOREX:ZARLAK)
Bear Market Rally (-75) - ZARLAK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARLAK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZARLAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARLAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARLAK
The long-term trend has been DOWN since Aug 17th, 2021 at 644.84965
The intermediate-term trend has been UP since Sep 3rd, 2021 at 649.09246
The short-term trend has been DOWN since Sep 16th, 2021 at 672.54410
Smart Scan Analysis for ZARLAK
Based on our trend formula, ZARLAK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).