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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)
Bear Market Rally (-75) - HKDPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HKDPKR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HKDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPKR.
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 HKDPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 35.347448
The intermediate-term trend has been UP since Apr 18th, 2024 at 35.526896
The short-term trend has been DOWN since May 7th, 2024 at 35.622344
Smart Scan Analysis for HKDPKR
Based on our trend formula, HKDPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.591161 | 35.591627 | 35.591161 | 35.591627 | +0.000466 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.591161 | 2024-05-08 16:10:18 |