Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

South African Rand/Lebanese Pound (FOREX:ZARLBP)

Weak Downtrend (-65) - ZARLBP is showing signs of a strengthening downtrend. Monitor ZARLBP as it may be building momentum to the downside.

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
88.93375 89.60521 88.93375 89.60521 +0.67146
Entry Signal

MarketClub’s Trade Triangles for ZARLBP

long term up The long-term trend has been UP since Aug 10th, 2022 at 98.96893

intermediate term down The intermediate-term trend has been DOWN since Aug 19th, 2022 at 90.98355

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 92.41164

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).

-70
Smart Scan Analysis for ZARLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.93375 89.60521 88.93375 89.60521 +0.67146
Prev. Close Volume Bid Ask Time
88.93375 2022-08-19 11:01:36
Get a free daily analysis and signals for South African Rand/Lebanese Pound (ZARLBP) - Request Your Free Report.