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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
South African Rand/Lao Kip (FOREX:ZARLAK)
Long-Term Downtrend (-90) - ZARLAK is in a strong downtrend that is likely to continue. While ZARLAK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ZARLAK
The long-term trend has been DOWN since Jan 5th, 2025 at 1197.3618
The intermediate-term trend has been DOWN since Jan 5th, 2025 at 1213.1714
The short-term trend has been DOWN since Dec 18th, 2024 at 1224.4213
Smart Scan Analysis for ZARLAK
Based on our trend formula, ZARLAK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1156.309 | 1156.309 | 1156.309 | 1156.309 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1156.309 | 2025-01-15 07:25:16 |