Forex Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
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 DOWN since Feb 10th, 2020 at 10.233107
The intermediate-term trend has been UP since May 20th, 2020 at 8.930912
The short-term trend has been UP since May 31st, 2020 at 9.320373
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).