Forex Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
South African Rand/Lebanese Pound (FOREX:ZARLBP)
Strong Uptrend (+100) - ZARLBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARLBP 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 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.
MarketClub’s Trade Triangles for ZARLBP
The long-term trend has been UP since Aug 10th, 2022 at 98.96893
The intermediate-term trend has been UP since Nov 7th, 2022 at 83.82296
The short-term trend has been UP since Dec 6th, 2022 at 87.05227
Smart Scan Analysis for ZARLBP
Based on our trend formula, ZARLBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).