Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
South African Rand/Lesotho Loti (FOREX:ZARLSL)
Weak Downtrend (-65) - ZARLSL is showing signs of a strengthening downtrend. Monitor ZARLSL as it may be building momentum to the downside.
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 Aug 5th, 2021 at 0.9840882
The intermediate-term trend has been DOWN since Oct 21st, 2021 at 0.9922405
The short-term trend has been DOWN since Oct 25th, 2021 at 0.9861487
Smart Scan Analysis for ZARLSL
Based on our trend formula, ZARLSL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).