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Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

Saudi Arabian Riyal/Pakistani Rupee (FOREX:SARPKR)

Long-Term Downtrend (-90) - SARPKR is in a strong downtrend that is likely to continue. While SARPKR 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 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.

FOREX_SARPKR
Open High Low SARPKR Price Change
76.192450 76.192450 41.460033 41.460033 -34.732417
Entry Signal

MarketClub’s Trade Triangles for SARPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 73.75042

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 74.72585

short term down The short-term trend has been DOWN since Nov 21st, 2023 at 76.77848

Smart Scan Analysis for SARPKR

Based on our trend formula, SARPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SARPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.192450 76.192450 41.460033 41.460033 -34.732417
Prev. Close Volume Bid Ask Time
76.158900 2023-11-24 13:45:42
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