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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Euro/Pakistani Rupee (FOREX:EURPKR)
Crossroads (+60) - EURPKR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPKR.
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 EURPKR
The long-term trend has been DOWN since Oct 11th, 2023 at 298.99920
The intermediate-term trend has been UP since May 7th, 2024 at 299.87618
The short-term trend has been UP since May 2nd, 2024 at 298.58262
Smart Scan Analysis for EURPKR
Based on our trend formula, EURPKR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 299.21493 | 299.21493 | 298.92620 | 298.92620 | -0.28873 |
| Prev. Close | Volume | Bid | Ask | Time |
| 299.21493 | 2024-05-08 21:02:49 |