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Forex Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

Qatari Rial/Pakistani Rupee (FOREX:QARPKR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_QARPKR
Open High Low QARPKR Price Change
31.7285 31.7285 31.7285 31.7285 0.0000
Entry Signal

MarketClub’s Trade Triangles for QARPKR

long term up The long term trend has been UP since Nov 28th, 2017 at 28.9455

intermediate term down The intermediate term trend has been DOWN since May 9th, 2018 at 31.7425

short term down The short term trend has been DOWN since May 22nd, 2018 at 31.7490

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).

-70
Smart Scan Analysis for QARPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.7285 31.7285 31.7285 31.7285 0.0000
Prev. Close Volume Bid Ask Time
31.7285 31.7150 31.7420 2018-05-22 10:52:19
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