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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)
Bear Market Rally (-75) - ZARLKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARLKR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for ZARLKR
The long-term trend has been DOWN since Nov 14th, 2024 at 15.978797
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 16.422340
The short-term trend has been UP since Nov 27th, 2024 at 16.204247
Smart Scan Analysis for ZARLKR
Based on our trend formula, ZARLKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.049275 | 16.128261 | 16.041350 | 16.117744 | +0.068469 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.049275 | 2024-12-03 03:16:46 |