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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.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
16.049275 16.128261 16.041350 16.117744 +0.068469
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 15.978797

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 16.422340

short term up 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).

-75
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways 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
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