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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
11.7515 11.7545 11.7020 11.7250 -0.0265
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term down The long term trend has been DOWN since May 1st, 2018 at 12.6005

intermediate term up The intermediate term trend has been UP since Sep 20th, 2018 at 11.5065

short term up The short term trend has been UP since Sep 10th, 2018 at 10.7460

Smart Scan Analysis for ZARLKR

Based on a pre-defined weighted trend formula for chart analysis, ZARLKR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.7515 11.7545 11.7020 11.7250 -0.0265
Prev. Close Volume Bid Ask Time
11.7515 11.7130 11.7370 2018-09-23 23:34:13
Want to analyze South African Rand/Sri Lankan Rupee ZARLKR or another symbol? Try our Free Forex Trend Analysis Report.