Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARLSL
The long-term trend has been DOWN since Jun 24th, 2024 at 0.9858043
The intermediate-term trend has been UP since Jul 26th, 2024 at 1.0097275
The short-term trend has been UP since Jul 26th, 2024 at 1.0090752
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0081216 | 1.0144270 | 0.9969088 | 0.9988206 | -0.0093010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0081216 | 2024-07-26 17:00:05 |