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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

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

Countertrend Up (+85) - ZARLKR 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 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
14.030791 14.109092 13.853117 13.982760 -0.048031
Entry Signal

MarketClub’s Trade Triangles for ZARLKR

long term up The long-term trend has been UP since Jul 21st, 2020 at 11.323860

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2021 at 13.470977

short term down The short-term trend has been DOWN since May 12th, 2021 at 13.878701

Smart Scan Analysis for ZARLKR

Based on our trend formula, ZARLKR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ZARLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.030791 14.109092 13.853117 13.982760 -0.048031
Prev. Close Volume Bid Ask Time
14.030791 2021-05-12 22:14:59
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