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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Saudi Arabian Riyal/Pakistani Rupee (FOREX:SARPKR)

Bull Market Weakness (+75) - SARPKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SARPKR as it may be in the beginning stages of a reversal.

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
74.29112 74.29112 74.29112 74.29112 0.00000
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 up The intermediate-term trend has been UP since Apr 18th, 2024 at 74.12591

short term up The short-term trend has been UP since Jun 4th, 2024 at 74.26713

Smart Scan Analysis for SARPKR

Based on our trend formula, SARPKR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SARPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.29112 74.29112 74.29112 74.29112 0.00000
Prev. Close Volume Bid Ask Time
74.29112 2024-06-11 16:45:50
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