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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Saudi Arabian Riyal/Pakistani Rupee (FOREX:SARPKR)

Sidelines Mode (+55) - SARPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
58.197327 58.197327 58.197327 58.197327 0.000000
Entry Signal

MarketClub’s Trade Triangles for SARPKR

long term up The long-term trend has been UP since Jul 6th, 2021 at 42.213855

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2022 at 46.969280

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 59.850602

Smart Scan Analysis for SARPKR

Based on our trend formula, SARPKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SARPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.197327 58.197327 58.197327 58.197327 0.000000
Prev. Close Volume Bid Ask Time
57.194225 2022-08-12 14:27:08
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