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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.

FOREX_LKRZAR
Open High Low LKRZAR Price Change
0.09467688 0.09536628 0.09367424 0.09411794 -0.00055900
Entry Signal

MarketClub’s Trade Triangles for LKRZAR

long term up The long-term trend has been UP since Feb 24th, 2020 at 0.08367313

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2020 at 0.07969289

short term down 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).

+65
Smart Scan Analysis for LKRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09467688 0.09536628 0.09367424 0.09411794 -0.00055900
Prev. Close Volume Bid Ask Time
0.09467688 0.09406626 0.09416962 2020-04-08 21:43:32
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