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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

South African Rand/Qatari Rial (FOREX:ZARQAR)

Strong Downtrend (-100) - ZARQAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARQAR continues to fall. 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.

FOREX_ZARQAR
Open High Low ZARQAR Price Change
0.19119223 0.19119223 0.19119223 0.19119223 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARQAR

long term down The long-term trend has been DOWN since Feb 26th, 2024 at 0.19106985

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.19264019

short term down The short-term trend has been DOWN since Apr 14th, 2024 at 0.19370649

Smart Scan Analysis for ZARQAR

Based on our trend formula, ZARQAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZARQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19119223 0.19119223 0.19119223 0.19119223 0.00000000
Prev. Close Volume Bid Ask Time
0.18983717 2024-04-17 21:01:47
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