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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Sri Lankan Rupee/South African Rand (FOREX:LKRZAR)
Long-Term Downtrend (-90) - LKRZAR is in a strong downtrend that is likely to continue. While LKRZAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for LKRZAR
The long-term trend has been DOWN since May 2nd, 2025 at 0.06077470
The intermediate-term trend has been DOWN since Apr 22nd, 2025 at 0.06171442
The short-term trend has been DOWN since May 1st, 2025 at 0.06168668
Smart Scan Analysis for LKRZAR
Based on our trend formula, LKRZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06107304 | 0.06111151 | 0.06075136 | 0.06097931 | -0.00009400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06107304 | 2025-05-09 07:41:54 |