Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

South African Rand/Lesotho Loti (FOREX:ZARLSL)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_ZARLSL
Open High Low ZARLSL Price Change
0.998850 1.001600 0.992495 1.000300 +0.001450
Entry Signal

MarketClub’s Trade Triangles for ZARLSL

long term down The long term trend has been DOWN since Jun 6th, 2018 at 0.981390

intermediate term up The intermediate term trend has been UP since Jul 12th, 2018 at 1.015050

short term down The short term trend has been DOWN since Jul 16th, 2018 at 0.998105

Smart Scan Analysis for ZARLSL

Based on a pre-defined weighted trend formula for chart analysis, ZARLSL scored -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
0.998850 1.001600 0.992495 1.000300 +0.001450
Prev. Close Volume Bid Ask Time
0.998850 1.000000 1.000600 2018-07-17 09:41:39
Want to analyze South African Rand/Lesotho Loti ZARLSL or another symbol? Try our Free Forex Trend Analysis Report.