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Forex Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

South African Rand/Lebanese Pound (FOREX:ZARLBP)

Strong Uptrend (+100) - ZARLBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARLBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ZARLBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARLBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARLBP
Open High Low ZARLBP Price Change
89.5054 89.5054 89.5054 89.5054 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARLBP

long term up The long-term trend has been UP since Apr 24th, 2020 at 79.42451

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2020 at 79.42451

short term up The short-term trend has been UP since Jun 3rd, 2020 at 86.81689

Smart Scan Analysis for ZARLBP

Based on our trend formula, ZARLBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for ZARLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.5054 89.5054 89.5054 89.5054 0.0000
Prev. Close Volume Bid Ask Time
89.5054 89.2423 89.7685 2020-06-03 12:57:42
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