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Forex Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

South African Rand/Qatari Rial (FOREX:ZARQAR)

Strong Downtrend (-100) - ZARQAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.22781597 0.22781597 0.22781597 0.22781597 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARQAR

long term down The long-term trend has been DOWN since Jul 21st, 2021 at 0.24821623

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.24262816

short term down The short-term trend has been DOWN since Nov 29th, 2021 at 0.23895841

Smart Scan Analysis for ZARQAR

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

-100
Smart Scan Analysis for ZARQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22781597 0.22781597 0.22781597 0.22781597 0.00000000
Prev. Close Volume Bid Ask Time
0.22792975 2021-12-04 05:18:40
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