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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.
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MarketClub’s Trade Triangles for ZARLSL
The long-term trend has been UP since Jun 15th, 2022 at 1.0201963
The intermediate-term trend has been DOWN since Aug 2nd, 2022 at 0.9900630
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).
| 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 |