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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

South African Rand/Lesotho Loti (FOREX:ZARLSL)

Sidelines Mode (-50) - ZARLSL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARLSL can gain momentum.

Is it time to buy, sell, or avoid ZARLSL?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARLSL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARLSL
Open High Low ZARLSL Price Change
0.9977047 1.0038214 0.9927172 1.0014747 +0.0037700
Entry Signal

MarketClub’s Trade Triangles for ZARLSL

long term up The long-term trend has been UP since Jun 15th, 2022 at 1.0201963

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2022 at 0.9900630

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 0.9948339

Smart Scan Analysis for ZARLSL

Based on our trend formula, ZARLSL is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for ZARLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9977047 1.0038214 0.9927172 1.0014747 +0.0037700
Prev. Close Volume Bid Ask Time
0.9977047 2022-08-19 16:11:45
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