Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

South African Rand/Lesotho Loti (FOREX:ZARLSL)

Sidelines Mode (+55) - ZARLSL 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 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
0.9979841 0.9992208 0.9938108 0.9962950 -0.0016890
Entry Signal

MarketClub’s Trade Triangles for ZARLSL

long term up The long-term trend has been UP since Jul 25th, 2023 at 1.0148479

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 1.0083797

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 0.9932989

Smart Scan Analysis for ZARLSL

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

+55
Smart Scan Analysis for ZARLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9979841 0.9992208 0.9938108 0.9962950 -0.0016890
Prev. Close Volume Bid Ask Time
0.9979841 2024-04-15 04:32:06
Get a free daily analysis and signals for South African Rand/Lesotho Loti (ZARLSL) - Request Your Free Report.