Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

South African Rand/Lesotho Loti (FOREX:ZARLSL)

Bull Market Weakness (+75) - ZARLSL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARLSL as it may be in the beginning stages of a reversal.

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.

Open	High	Low	ZARLSL Price	Change
0.9986746	0.9999250	0.9973894	0.9997542	+0.0010800
Entry Signal

MarketClub’s Trade Triangles for ZARLSL

The long-term trend has been UP since Jul 25th, 2023 at 1.0148479

The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.9926280

The short-term trend has been UP since Apr 17th, 2024 at 1.0045610

Smart Scan Analysis for ZARLSL

Based on our trend formula, ZARLSL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.9986746	0.9999250	0.9973894	0.9997542	+0.0010800
Prev. Close	Volume	Bid	Ask	Time
0.9986746				2024-04-18 02:21:44

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