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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Saudi Arabian Riyal/Pakistani Rupee (FOREX:SARPKR)
Sidelines Mode (+50) - SARPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SARPKR can gain momentum.
Is it time to buy, sell, or avoid SARPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SARPKR.
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 SARPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 73.75042
The intermediate-term trend has been UP since Apr 18th, 2024 at 74.12591
The short-term trend has been UP since Apr 18th, 2024 at 74.10331
Smart Scan Analysis for SARPKR
Based on our trend formula, SARPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 74.24342 | 74.24342 | 74.24342 | 74.24342 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 74.24342 | 2024-04-18 16:01:27 |