Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Saudi Arabian Riyal/Pakistani Rupee (FOREX:SARPKR)
Strong Downtrend (-100) - SARPKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for SARPKR
The long-term trend has been DOWN since Oct 5th, 2020 at 44.190318
The intermediate-term trend has been DOWN since Feb 5th, 2021 at 42.677544
The short-term trend has been DOWN since Feb 24th, 2021 at 42.378527
Smart Scan Analysis for SARPKR
Based on our trend formula, SARPKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).