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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
12.0060 12.0160 11.8695 11.8990 -0.1070
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 Jul 9th, 2018 at 11.9190

short term down The short term trend has been DOWN since Jul 19th, 2018 at 11.9560

Smart Scan Analysis for ZARLKR

Based on a pre-defined weighted trend formula for chart analysis, ZARLKR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.0060 12.0160 11.8695 11.8990 -0.1070
Prev. Close Volume Bid Ask Time
12.0060 11.8960 11.9020 2018-07-19 09:33:57
Want to analyze South African Rand/Sri Lankan Rupee ZARLKR or another symbol? Try our Free Forex Trend Analysis Report.