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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 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.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
13.886975 13.887877 13.769060 13.803937 -0.083038
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term down The long-term trend has been DOWN since Jul 26th, 2021 at 13.304542

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 13.760866

short term up The short-term trend has been UP since Oct 12th, 2021 at 13.418266

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).

+60
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.886975 13.887877 13.769060 13.803937 -0.083038
Prev. Close Volume Bid Ask Time
13.886975 2021-10-21 07:33:39
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