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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Qatari Rial/South African Rand (FOREX:QARZAR)
Bear Market Rally (-75) - QARZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QARZAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QARZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARZAR.
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 QARZAR
The long-term trend has been DOWN since May 6th, 2024 at 5.0463034
The intermediate-term trend has been DOWN since Jun 18th, 2024 at 4.9733089
The short-term trend has been DOWN since Jul 26th, 2024 at 5.0025678
Smart Scan Analysis for QARZAR
Based on our trend formula, QARZAR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0268562 | 5.0276760 | 4.9956345 | 5.0104795 | -0.0163770 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.0268562 | 2024-07-26 17:00:05 |