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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Qatari Rial/South African Rand (FOREX:QARZAR)
Long-Term Uptrend (+90) - QARZAR is in a strong uptrend that is likely to continue. While QARZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QARZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARZAR.
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 QARZAR
The long-term trend has been UP since Oct 3rd, 2023 at 5.2981331
The intermediate-term trend has been UP since Apr 16th, 2024 at 5.2249835
The short-term trend has been UP since Apr 11th, 2024 at 5.1289440
Smart Scan Analysis for QARZAR
Based on our trend formula, QARZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.2813529 | 5.2828087 | 5.2319070 | 5.2320302 | -0.0493230 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.2813529 | 2024-04-25 05:16:00 |