Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Sri Lankan Rupee/South African Rand (FOREX:LKRZAR)
Countertrend Up (+85) - LKRZAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LKRZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for LKRZAR.
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 LKRZAR
The long-term trend has been UP since Apr 12th, 2024 at 0.06349348
The intermediate-term trend has been UP since Jan 15th, 2024 at 0.05852127
The short-term trend has been DOWN since Apr 26th, 2024 at 0.06364210
Smart Scan Analysis for LKRZAR
Based on our trend formula, LKRZAR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06410558 | 0.06431014 | 0.06328459 | 0.06360182 | -0.00050400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06410558 | 2024-04-26 12:08:12 |