Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

South African Rand/Pakistani Rupee (FOREX:ZARPKR)

Sidelines Mode (-55) - ZARPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
10.734393 10.737040 10.711615 10.729950 -0.004443
Entry Signal

MarketClub’s Trade Triangles for ZARPKR

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 10.255974

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 10.633179

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 10.655693

Smart Scan Analysis for ZARPKR

Based on our trend formula, ZARPKR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZARPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.734393 10.737040 10.711615 10.729950 -0.004443
Prev. Close Volume Bid Ask Time
10.734393 2021-05-09 18:11:47
Get a free daily analysis and signals for South African Rand/Pakistani Rupee (ZARPKR) - Request Your Free Report.