Forex Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
Sri Lankan Rupee/South African Rand (FOREX:LKRZAR)
Weak Uptrend (+65) - LKRZAR is showing signs of weakening momentum to the upside. Monitor LKRZAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LKRZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for LKRZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LKRZAR
The long-term trend has been UP since Feb 24th, 2020 at 0.08367313
The intermediate-term trend has been UP since Jan 14th, 2020 at 0.07969289
The short-term trend has been DOWN since Apr 7th, 2020 at 0.09589962
Smart Scan Analysis for LKRZAR
Based on our trend formula, LKRZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).