Forex Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
South African Rand/Lesotho Loti (FOREX:ZARLSL)
Weak Downtrend (-65) - ZARLSL is showing signs of a strengthening downtrend. Monitor ZARLSL as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ZARLSL
The long-term trend has been UP since Mar 10th, 2020 at 1.0183684
The intermediate-term trend has been DOWN since Jul 24th, 2020 at 0.9867282
The short-term trend has been DOWN since Aug 6th, 2020 at 0.9842415
Smart Scan Analysis for ZARLSL
Based on our trend formula, ZARLSL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).