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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

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

Strong Downtrend (-100) - ZARLKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARLKR continues to fall. Traders should use caution and set stops.

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.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
17.641247 17.821846 17.475394 17.793754 +0.152507
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term down The long-term trend has been DOWN since Feb 24th, 2023 at 19.803346

intermediate term down The intermediate-term trend has been DOWN since Jan 30th, 2023 at 21.022794

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 18.131542

Smart Scan Analysis for ZARLKR

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

-100
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.641247 17.821846 17.475394 17.793754 +0.152507
Prev. Close Volume Bid Ask Time
17.641247 2023-03-24 17:08:07
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