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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Lebanese Pound (FOREX:ZARLBP)
Countertrend Up (+85) - ZARLBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Feb 16th, 2024 at 827.8200
The intermediate-term trend has been UP since Jun 19th, 2024 at 4894.0548
The short-term trend has been UP since Jul 26th, 2024 at 4876.8831
Smart Scan Analysis for ZARLBP
Based on our trend formula, ZARLBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4903.1477 | 4903.1477 | 4899.8634 | 4899.8634 | -3.2843 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4903.1477 | 2024-07-26 14:00:14 |