Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 24, 2018.

South African Rand/Lesotho Loti (FOREX:ZARLSL)

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_ZARLSL
Open High Low ZARLSL Price Change
1.00285 1.00765 1.00135 1.00750 +0.00465
Entry Signal

MarketClub’s Trade Triangles for ZARLSL

long term up The long term trend has been UP since Nov 17th, 2017 at 1.021400

intermediate term down The intermediate term trend has been DOWN since Dec 29th, 2017 at 0.989820

short term down The short term trend has been DOWN since Jan 22nd, 2018 at 0.997255

Smart Scan Analysis for ZARLSL

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

+60
Smart Scan Analysis for ZARLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.00285 1.00765 1.00135 1.00750 +0.00465
Prev. Close Volume Bid Ask Time
1.00285 1.00710 1.00790 2018-01-24 04:59:53
Want to analyze South African Rand/Lesotho Loti ZARLSL or another symbol? Try our Free Forex Trend Analysis Report.