Forex Trend Analysis Report
Prepared for you on Monday, July 4, 2022.
South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)
Weak Downtrend (-65) - ZARLKR is showing signs of a strengthening downtrend. Monitor ZARLKR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ZARLKR
The long-term trend has been UP since Feb 17th, 2022 at 13.546880
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 22.348186
The short-term trend has been DOWN since Jun 28th, 2022 at 22.522387
Smart Scan Analysis for ZARLKR
Based on our trend formula, ZARLKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).