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.
MarketClub’s Trade Triangles for ZARPKR
The long-term trend has been DOWN since Mar 5th, 2021 at 10.255974
The intermediate-term trend has been UP since Apr 15th, 2021 at 10.633179
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).