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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Weak Uptrend (+65) - ZARLKR is showing signs of weakening momentum to the upside. Monitor ZARLKR as it may be in the beginning stages 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
16.552646 16.647180 16.541159 16.566042 +0.013396
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term up The long-term trend has been UP since Jun 14th, 2024 at 16.642790

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2024 at 16.642790

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 16.539523

Smart Scan Analysis for ZARLKR

Based on our trend formula, ZARLKR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.552646 16.647180 16.541159 16.566042 +0.013396
Prev. Close Volume Bid Ask Time
16.552646 2024-07-26 16:59:56
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