Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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

Strong Downtrend (-100) - ZARLKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARLKR continues to fall. Traders should use caution and set stops.

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.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
15.489385 15.513180 15.489304 15.503815 +0.014430
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 15.749694

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2024 at 17.087807

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 15.690010

Smart Scan Analysis for ZARLKR

Based on our trend formula, ZARLKR is rated as a -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
15.489385 15.513180 15.489304 15.503815 +0.014430
Prev. Close Volume Bid Ask Time
15.489385 2024-04-25 01:37:10
Get a free daily analysis and signals for South African Rand/Sri Lankan Rupee (ZARLKR) - Request Your Free Report.