Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
South African Rand/Pakistani Rupee (FOREX:ZARPKR)
Crossroads (-60) - ZARPKR 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 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.
MarketClub’s Trade Triangles for ZARPKR
The long-term trend has been UP since Jul 15th, 2020 at 10.040445
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 10.539476
The short-term trend has been DOWN since Feb 25th, 2021 at 10.664122
Smart Scan Analysis for ZARPKR
Based on our trend formula, ZARPKR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).