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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.

FOREX_ZARLKR
Open High Low ZARLKR Price Change
12.766841 12.778312 12.589951 12.647267 -0.119574
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term up The long-term trend has been UP since Jul 21st, 2020 at 11.323860

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 12.794148

short term down 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).

-60
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.766841 12.778312 12.589951 12.647267 -0.119574
Prev. Close Volume Bid Ask Time
12.766841 2021-03-08 20:12:43
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