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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/Qatari Rial (FOREX:ZARQAR)
Sidelines Mode (+55) - ZARQAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZARQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARQAR.
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 ZARQAR
The long-term trend has been UP since May 7th, 2024 at 0.19667852
The intermediate-term trend has been UP since May 5th, 2024 at 0.19621918
The short-term trend has been DOWN since May 8th, 2024 at 0.19655316
Smart Scan Analysis for ZARQAR
Based on our trend formula, ZARQAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19564134 | 0.19564134 | 0.19564134 | 0.19564134 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19564134 | 2024-05-08 07:26:31 |