Forex Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
Saudi Arabian Riyal/Pakistani Rupee (FOREX:SARPKR)
Long-Term Uptrend (+90) - SARPKR is in a strong uptrend that is likely to continue. While SARPKR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 6th, 2021 at 42.213855
The intermediate-term trend has been UP since Nov 15th, 2021 at 46.628852
The short-term trend has been UP since Nov 9th, 2021 at 45.433986
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).