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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.

FOREX_ZARLSL
Open High Low ZARLSL Price Change
1.0045765 1.0069923 0.9963936 0.9975091 -0.0070670
Entry Signal

MarketClub’s Trade Triangles for ZARLSL

long term up The long-term trend has been UP since Mar 10th, 2020 at 1.0183684

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2020 at 0.9867282

short term down 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).

-70
Smart Scan Analysis for ZARLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0045765 1.0069923 0.9963936 0.9975091 -0.0070670
Prev. Close Volume Bid Ask Time
0.9972925 0.9972392 0.9977790 2020-08-07 17:30:23
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