Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
South African Rand/Romanian Leu (FOREX:ZARRON)
Sidelines Mode (+55) - ZARRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Nov 19th, 2023 at 0.23446436
The intermediate-term trend has been UP since Feb 19th, 2024 at 0.24704624
The short-term trend has been DOWN since Mar 18th, 2024 at 0.24274949
Smart Scan Analysis for ZARRON
Based on our trend formula, ZARRON is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.24101337 | 0.24207713 | 0.24055257 | 0.24167053 | +0.00065700 |
Prev. Close | Volume | Bid | Ask | Time |
0.24101337 | 2024-03-19 08:18:36 |