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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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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 Dec 18th, 2024 at 15.883732
The short-term trend has been DOWN since Dec 13th, 2024 at 16.202829
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.693175 | 15.836920 | 15.687209 | 15.761765 | +0.068590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.693175 | 2024-12-26 08:32:43 |