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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

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

Sidelines Mode (-55) - ZARLKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
10.562566 10.678162 10.485888 10.638042 +0.075476
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 11.951274

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2020 at 12.547998

short term up The short-term trend has been UP since Apr 7th, 2020 at 10.430104

Smart Scan Analysis for ZARLKR

Based on our trend formula, ZARLKR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.562566 10.678162 10.485888 10.638042 +0.075476
Prev. Close Volume Bid Ask Time
10.562566 10.629269 10.646814 2020-04-08 21:13:06
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