Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)

Crossroads (-60) - ZARLKR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZARLKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARLKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	ZARLKR Price	Change
12.766841	12.778312	12.589951	12.647267	-0.119574
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

The long-term trend has been UP since Jul 21st, 2020 at 11.323860

The intermediate-term trend has been DOWN since Mar 4th, 2021 at 12.794148

The short-term trend has been DOWN since Mar 4th, 2021 at 12.876796

Smart Scan Analysis for ZARLKR

Based on our trend formula, ZARLKR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
12.766841	12.778312	12.589951	12.647267	-0.119574
Prev. Close	Volume	Bid	Ask	Time
12.766841				2021-03-08 20:12:43

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