Forex Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
Qatari Rial/Pakistani Rupee (FOREX:QARPKR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for QARPKR
The long term trend has been UP since Nov 28th, 2017 at 28.9455
The intermediate term trend has been UP since Mar 16th, 2018 at 30.4125
The short term trend has been UP since Mar 16th, 2018 at 30.3860
Smart Scan Analysis for QARPKR
Based on a pre-defined weighted trend formula for chart analysis, QARPKR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).