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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)
Long-Term Downtrend (-90) - CADPKR is in a strong downtrend that is likely to continue. While CADPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CADPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADPKR
The long-term trend has been DOWN since Apr 8th, 2024 at 205.18215
The intermediate-term trend has been DOWN since Feb 14th, 2024 at 207.24986
The short-term trend has been DOWN since May 7th, 2024 at 203.47627
Smart Scan Analysis for CADPKR
Based on our trend formula, CADPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 203.36865 | 203.36865 | 203.36865 | 203.36865 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 203.36865 | 2024-05-09 13:14:54 |