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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Qatari Rial/Pakistani Rupee (FOREX:QARPKR)
Bear Market Rally (-75) - QARPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QARPKR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QARPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARPKR.
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 QARPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 75.98874
The intermediate-term trend has been UP since Apr 18th, 2024 at 76.36638
The short-term trend has been DOWN since May 2nd, 2024 at 76.50048
Smart Scan Analysis for QARPKR
Based on our trend formula, QARPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 76.41445 | 76.42131 | 76.41445 | 76.42131 | +0.00686 |
| Prev. Close | Volume | Bid | Ask | Time |
| 76.41445 | 2024-05-08 16:10:18 |