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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

South African Rand/Lebanese Pound (FOREX:ZARLBP)

Sidelines Mode (+55) - ZARLBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZARLBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARLBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARLBP
Open High Low ZARLBP Price Change
101.97382 101.97382 101.97382 101.97382 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARLBP

long term up The long-term trend has been UP since Feb 24th, 2021 at 104.34567

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 103.00582

short term down The short-term trend has been DOWN since Oct 24th, 2021 at 104.03871

Smart Scan Analysis for ZARLBP

Based on our trend formula, ZARLBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.97382 101.97382 101.97382 101.97382 0.00000
Prev. Close Volume Bid Ask Time
101.97382 2021-10-24 21:08:27
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