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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.

FOREX_QARPKR
Open High Low QARPKR Price Change
78.491970 78.491970 42.713913 42.713913 -35.778057
Entry Signal

MarketClub’s Trade Triangles for QARPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 75.98874

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 76.99396

short term down 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).

-90
Smart Scan Analysis for QARPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.491970 78.491970 42.713913 42.713913 -35.778057
Prev. Close Volume Bid Ask Time
78.481190 2023-11-24 13:45:42
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