Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

FOREX_ZARQAR
Open High Low ZARQAR Price Change
0.20194866 0.20194866 0.20194866 0.20194866 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARQAR

long term up The long-term trend has been UP since May 7th, 2024 at 0.19667852

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 0.20827566

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 0.20827566

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).

-60
Smart Scan Analysis for ZARQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20194866 0.20194866 0.20194866 0.20194866 0.00000000
Prev. Close Volume Bid Ask Time
0.20194866 2024-11-19 07:25:19
Get a free daily analysis and signals for South African Rand/Qatari Rial (ZARQAR) - Request Your Free Report.