Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

Qatari Rial/South African Rand (FOREX:QARZAR)

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

FOREX_QARZAR
Open High Low QARZAR Price Change
5.1910754 5.1973423 5.1389756 5.1750812 -0.0159940
Entry Signal

MarketClub’s Trade Triangles for QARZAR

long term down The long-term trend has been DOWN since Jul 25th, 2023 at 4.8104918

intermediate term up The intermediate-term trend has been UP since Sep 6th, 2023 at 5.2797993

short term down The short-term trend has been DOWN since Sep 20th, 2023 at 5.1780235

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).

-75
Smart Scan Analysis for QARZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1910754 5.1973423 5.1389756 5.1750812 -0.0159940
Prev. Close Volume Bid Ask Time
5.1910754 2023-09-22 18:58:28
Get a free daily analysis and signals for Qatari Rial/South African Rand (QARZAR) - Request Your Free Report.