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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

South African Rand/Romanian Leu (FOREX:ZARRON)

Weak Downtrend (-65) - ZARRON is showing signs of a strengthening downtrend. Monitor ZARRON as it may be building momentum to the downside.

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

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

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

FOREX_ZARRON
Open High Low ZARRON Price Change
0.24893557 0.24988131 0.24725928 0.24929680 +0.00036100
Entry Signal

MarketClub’s Trade Triangles for ZARRON

long term up The long-term trend has been UP since Apr 9th, 2024 at 0.24818352

intermediate term down The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 0.24818374

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 0.24858542

Smart Scan Analysis for ZARRON

Based on our trend formula, ZARRON is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24893557 0.24988131 0.24725928 0.24929680 +0.00036100
Prev. Close Volume Bid Ask Time
0.24893557 2024-07-25 16:18:04
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