Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
South African Rand/Pakistani Rupee (FOREX:ZARPKR)
Bear Market Rally (-75) - ZARPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARPKR as it may be in the beginning of a reversal.
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 DOWN since Feb 10th, 2020 at 10.233107
The intermediate-term trend has been DOWN since Jan 14th, 2020 at 10.698886
The short-term trend has been UP since Mar 25th, 2020 at 9.110426
Smart Scan Analysis for ZARPKR
Based on our trend formula, ZARPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).