Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Qatari Rial/South African Rand (FOREX:QARZAR)
Bull Market Weakness (+75) - QARZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QARZAR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for QARZAR
The long-term trend has been UP since Jul 23rd, 2021 at 4.0710636
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 4.0048958
The short-term trend has been UP since Oct 22nd, 2021 at 4.0412896
Smart Scan Analysis for QARZAR
Based on our trend formula, QARZAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).