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Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
South African Rand/Lesotho Loti (FOREX:ZARLSL)
Strong Uptrend (+100) - ZARLSL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARLSL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
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MarketClub’s Trade Triangles for ZARLSL
The long-term trend has been UP since Mar 10th, 2020 at 1.0183684
The intermediate-term trend has been UP since Mar 10th, 2020 at 1.0183684
The short-term trend has been UP since Apr 6th, 2020 at 1.0077910
Smart Scan Analysis for ZARLSL
Based on our trend formula, ZARLSL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0092833 | 1.0286450 | 1.0074351 | 1.0264497 | +0.0171660 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0092833 | 1.0261101 | 1.0267892 | 2020-04-07 06:19:02 |