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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

South African Rand/Qatari Rial (FOREX:ZARQAR)

Countertrend Up (+85) - ZARQAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.21601033 0.21601033 0.21601033 0.21601033 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARQAR

long term up The long-term trend has been UP since May 4th, 2020 at 0.19350889

intermediate term up The intermediate-term trend has been UP since May 4th, 2020 at 0.19350889

short term up The short-term trend has been UP since May 19th, 2020 at 0.19793187

Smart Scan Analysis for ZARQAR

Based on our trend formula, ZARQAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZARQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21601033 0.21601033 0.21601033 0.21601033 0.00000000
Prev. Close Volume Bid Ask Time
0.21601033 0.20815484 0.22386582 2020-06-05 07:16:08
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