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Forex Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

South African Rand/Sri Lankan Rupee (FOREX:ZARLKR)

Sidelines Mode (-55) - ZARLKR 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 ZARLKR?

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

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

FOREX_ZARLKR
Open High Low ZARLKR Price Change
13.403629 13.406651 13.179414 13.204729 -0.198900
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term down The long-term trend has been DOWN since Jul 26th, 2021 at 13.304542

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2021 at 12.955809

short term down The short-term trend has been DOWN since Jan 24th, 2022 at 13.189294

Smart Scan Analysis for ZARLKR

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

-55
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.403629 13.406651 13.179414 13.204729 -0.198900
Prev. Close Volume Bid Ask Time
13.403629 2022-01-24 11:12:59
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