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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
South African Rand/Qatari Rial (FOREX:ZARQAR)
Long-Term Downtrend (-90) - ZARQAR is in a strong downtrend that is likely to continue. While ZARQAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ZARQAR
The long-term trend has been DOWN since Dec 5th, 2024 at 0.20194866
The intermediate-term trend has been DOWN since Dec 30th, 2024 at 0.20167692
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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19626125 | 0.19626125 | 0.19626125 | 0.19626125 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19513221 | 2025-01-07 07:25:20 |