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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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, SARPKR 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.

FOREX_SARPKR
Open High Low SARPKR Price Change
74.32705 74.32705 74.32705 74.32705 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 down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 74.50496

short term down The short-term trend has been DOWN since Mar 6th, 2024 at 74.51933

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).

-100
Smart Scan Analysis for SARPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.32705 74.32705 74.32705 74.32705 0.00000
Prev. Close Volume Bid Ask Time
74.11201 2024-03-20 10:42:20
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