Forex Trend Analysis Report
Prepared for you on Friday, April 19, 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.
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MarketClub’s Trade Triangles for ZARRON
The long-term trend has been UP since Apr 9th, 2024 at 0.24818352
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 0.24151801
The short-term trend has been DOWN since Apr 16th, 2024 at 0.24563434
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.24306223 | 0.24498589 | 0.24139928 | 0.24176154 | -0.00130100 |
Prev. Close | Volume | Bid | Ask | Time |
0.24306223 | 2024-04-19 17:02:48 |