Forex Trend Analysis Report
Prepared for you on Friday, October 11, 2024.
Qatari Rial/South African Rand (FOREX:QARZAR)
Weak Downtrend (-65) - QARZAR is showing signs of a strengthening downtrend. Monitor QARZAR as it may be building momentum to the downside.
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 Aug 13th, 2024 at 4.9633689
The short-term trend has been UP since Oct 1st, 2024 at 4.7347071
Smart Scan Analysis for QARZAR
Based on our trend formula, QARZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.7969863 | 4.7991500 | 4.7964008 | 4.7974288 | +0.0004420 |
Prev. Close | Volume | Bid | Ask | Time |
4.7969863 | 2024-10-11 00:44:54 |