Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)
Crossroads (-60) - ZARLKR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for ZARLKR
The long-term trend has been UP since Jul 21st, 2020 at 11.323860
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 12.794148
The short-term trend has been DOWN since Mar 4th, 2021 at 12.876796
Smart Scan Analysis for ZARLKR
Based on our trend formula, ZARLKR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).