Forex Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
Qatari Rial/Pakistani Rupee (FOREX:QARPKR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 DOWN since Aug 20th, 2018 at 33.8370
Smart Scan Analysis for QARPKR
Based on a pre-defined weighted trend formula for chart analysis, QARPKR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).