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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Lesotho Loti (FOREX:ZARLSL)
Long-Term Downtrend (-90) - ZARLSL is in a strong downtrend that is likely to continue. While ZARLSL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARLSL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARLSL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARLSL
The long-term trend has been DOWN since Dec 13th, 2024 at 0.9853452
The intermediate-term trend has been DOWN since Dec 13th, 2024 at 0.9909941
The short-term trend has been DOWN since Dec 23rd, 2024 at 0.9932516
Smart Scan Analysis for ZARLSL
Based on our trend formula, ZARLSL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9910936 | 1.0007832 | 0.9906891 | 0.9981273 | +0.0070340 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9910936 | 2024-12-26 06:28:17 |