Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Qatari Rial/Pakistani Rupee (FOREX:QARPKR)
Long-Term Downtrend (-90) - QARPKR is in a strong downtrend that is likely to continue. While QARPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QARPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QARPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 75.98874
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 76.99396
The short-term trend has been DOWN since Nov 21st, 2023 at 79.08542
Smart Scan Analysis for QARPKR
Based on our trend formula, QARPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).