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Forex Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
Qatari Rial/South African Rand (FOREX:QARZAR)
Crossroads (+60) - QARZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since May 6th, 2024 at 5.0463034
The intermediate-term trend has been UP since Nov 11th, 2024 at 4.9012417
The short-term trend has been UP since Dec 4th, 2024 at 4.9893303
Smart Scan Analysis for QARZAR
Based on our trend formula, QARZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.9890718 | 4.9913420 | 4.9845366 | 4.9846632 | -0.0044090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.9890718 | 2024-12-05 01:36:56 |