Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Qatari Rial/South African Rand (FOREX:QARZAR)
Weak Downtrend (-65) - QARZAR is showing signs of a strengthening downtrend. Monitor QARZAR as it may be building momentum to the downside.
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 DOWN since Sep 15th, 2020 at 4.4861763
The intermediate-term trend has been DOWN since Feb 9th, 2021 at 4.0599448
The short-term trend has been UP since Feb 25th, 2021 at 4.0949842
Smart Scan Analysis for QARZAR
Based on our trend formula, QARZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).