Forex Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
Qatari Rial/Pakistani Rupee (FOREX:QARPKR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 May 23rd, 2018 at 31.7995
The short term trend has been UP since Oct 3rd, 2018 at 33.8495
Smart Scan Analysis for QARPKR
Based on a pre-defined weighted trend formula for chart analysis, QARPKR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).