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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

South African Rand/Pakistani Rupee (FOREX:ZARPKR)

Bear Market Rally (-75) - ZARPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARPKR as it may be in the beginning of a reversal.

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.

FOREX_ZARPKR
Open High Low ZARPKR Price Change
14.453456 14.716696 14.449705 14.659256 +0.205800
Entry Signal

MarketClub’s Trade Triangles for ZARPKR

long term down The long-term trend has been DOWN since Oct 5th, 2023 at 14.329626

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 14.589235

short term up The short-term trend has been UP since Apr 25th, 2024 at 14.588118

Smart Scan Analysis for ZARPKR

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

-75
Smart Scan Analysis for ZARPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.453456 14.716696 14.449705 14.659256 +0.205800
Prev. Close Volume Bid Ask Time
14.453456 2024-04-25 10:05:05
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