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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
South African Rand/Romanian Leu (FOREX:ZARRON)
Countertrend Up (+85) - ZARRON is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for ZARRON
The long-term trend has been UP since Sep 27th, 2024 at 0.26064913
The intermediate-term trend has been UP since Aug 14th, 2024 at 0.25484526
The short-term trend has been DOWN since Oct 23rd, 2024 at 0.25948123
Smart Scan Analysis for ZARRON
Based on our trend formula, ZARRON is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.25987135 | 0.26094463 | 0.25941980 | 0.26072439 | +0.00085300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.25987135 | 2024-10-25 17:05:36 |