Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
South African Rand/Lebanese Pound (FOREX:ZARLBP)
Bull Market Weakness (+75) - ZARLBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARLBP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for ZARLBP
The long-term trend has been UP since Feb 24th, 2021 at 104.34567
The intermediate-term trend has been UP since Feb 24th, 2021 at 104.21353
The short-term trend has been UP since Feb 24th, 2021 at 104.09362
Smart Scan Analysis for ZARLBP
Based on our trend formula, ZARLBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).