Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
South African Rand/Qatari Rial (FOREX:ZARQAR)
Crossroads (-60) - ZARQAR 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 ZARQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARQAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARQAR
The long-term trend has been DOWN since Jul 21st, 2021 at 0.24821623
The intermediate-term trend has been UP since Oct 14th, 2021 at 0.24535516
The short-term trend has been UP since Oct 3rd, 2021 at 0.24183122
Smart Scan Analysis for ZARQAR
Based on our trend formula, ZARQAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).