Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)
Countertrend Down (-85) - ZARLKR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for ZARLKR
The long-term trend has been DOWN since Nov 14th, 2024 at 15.978797
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 16.422340
The short-term trend has been UP since Nov 18th, 2024 at 16.190956
Smart Scan Analysis for ZARLKR
Based on our trend formula, ZARLKR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.056543 | 16.082818 | 15.984874 | 15.995589 | -0.060954 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.056543 | 2024-11-20 03:24:37 |