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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.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
15.693175 15.836920 15.687209 15.761765 +0.068590
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 Dec 18th, 2024 at 15.883732

short term down 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).

-100
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways 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
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