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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

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.

FOREX_ZARLBP
Open High Low ZARLBP Price Change
103.69284 103.69284 103.69284 103.69284 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARLBP

long term up The long-term trend has been UP since Feb 24th, 2021 at 104.34567

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 103.00582

short term down The short-term trend has been DOWN since Oct 24th, 2021 at 104.03871

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).

+85
Smart Scan Analysis for ZARLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.69284 103.69284 103.69284 103.69284 0.00000
Prev. Close Volume Bid Ask Time
103.69284 2021-10-25 18:23:22
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