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Forex Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

South African Rand/Lesotho Loti (FOREX:ZARLSL)

Weak Uptrend (+65) - ZARLSL is showing signs of weakening momentum to the upside. Monitor ZARLSL as it may be in the beginning stages of a reversal.

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

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

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

FOREX_ZARLSL
Open High Low ZARLSL Price Change
1.0029804 1.0043483 0.9961135 1.0005132 -0.0024670
Entry Signal

MarketClub’s Trade Triangles for ZARLSL

long term up The long-term trend has been UP since Jul 25th, 2023 at 1.0148479

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2024 at 1.0132940

short term down The short-term trend has been DOWN since Apr 28th, 2024 at 0.9952455

Smart Scan Analysis for ZARLSL

Based on our trend formula, ZARLSL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0029804 1.0043483 0.9961135 1.0005132 -0.0024670
Prev. Close Volume Bid Ask Time
1.0029804 2024-05-03 17:00:04
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