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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Crossroads (-60) - ZARLKR is struggling to move into a solid trend. Beware of choppy markets 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
15.886788 15.911708 15.857474 15.901236 +0.014448
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term up The long-term trend has been UP since Dec 22nd, 2023 at 18.267452

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2024 at 17.087807

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 16.000439

Smart Scan Analysis for ZARLKR

Based on our trend formula, ZARLKR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.886788 15.911708 15.857474 15.901236 +0.014448
Prev. Close Volume Bid Ask Time
15.886788 2024-03-29 03:16:23
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