Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)
Bull Market Weakness (+75) - ZARLKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARLKR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARLKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARLKR.
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 ZARLKR
The long-term trend has been DOWN since Apr 12th, 2024 at 15.749694
The intermediate-term trend has been UP since May 7th, 2024 at 16.158729
The short-term trend has been UP since Apr 26th, 2024 at 15.712703
Smart Scan Analysis for ZARLKR
Based on our trend formula, ZARLKR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.173878 | 16.174874 | 16.173878 | 16.174874 | +0.000996 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.173878 | 2024-05-09 00:00:15 |