Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
South African Rand/Pakistani Rupee (FOREX:ZARPKR)
Countertrend Up (+85) - ZARPKR 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 ZARPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARPKR
The long-term trend has been UP since May 25th, 2021 at 11.069243
The intermediate-term trend has been UP since Oct 15th, 2021 at 11.614478
The short-term trend has been DOWN since Oct 22nd, 2021 at 11.719859
Smart Scan Analysis for ZARPKR
Based on our trend formula, ZARPKR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).