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.
MarketClub’s Trade Triangles for ZARQAR
The long-term trend has been DOWN since Jul 21st, 2021 at 0.24821623
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.24262816
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).