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Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
South African Rand/Pakistani Rupee (FOREX:ZARPKR)
Long-Term Downtrend (-90) - ZARPKR is in a strong downtrend that is likely to continue. While ZARPKR 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 ZARPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPKR.
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 ZARPKR
The long-term trend has been DOWN since Oct 5th, 2023 at 14.329626
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 14.589235
The short-term trend has been DOWN since Apr 10th, 2024 at 14.830844
Smart Scan Analysis for ZARPKR
Based on our trend formula, ZARPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.619951 | 14.677939 | 14.558443 | 14.612130 | -0.007821 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.619951 | 2024-04-17 22:57:33 |