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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
South African Rand/Lebanese Pound (FOREX:ZARLBP)
Countertrend Down (-85) - ZARLBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for ZARLBP
The long-term trend has been DOWN since Dec 4th, 2024 at 4946.3874
The intermediate-term trend has been DOWN since Dec 24th, 2024 at 4925.1740
The short-term trend has been UP since Jan 19th, 2025 at 4744.4877
Smart Scan Analysis for ZARLBP
Based on our trend formula, ZARLBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4792.1089 | 4792.1089 | 4792.1089 | 4792.1089 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4775.0329 | 2025-01-19 11:30:04 |