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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
13.2330 13.2865 13.1790 13.2750 +0.0420
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term up The long term trend has been UP since Oct 24th, 2018 at 12.2015

intermediate term up The intermediate term trend has been UP since Jan 3rd, 2019 at 12.7760

short term up The short term trend has been UP since Jan 3rd, 2019 at 12.7645

Smart Scan Analysis for ZARLKR

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

+100
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.2330 13.2865 13.1790 13.2750 +0.0420
Prev. Close Volume Bid Ask Time
13.2330 13.2660 13.2840 2019-01-15 22:39:38
Want to analyze South African Rand/Sri Lankan Rupee ZARLKR or another symbol? Try our Free Forex Trend Analysis Report.