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Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Japanese Yen/Pakistani Rupee (FOREX:JPYPKR)
Long-Term Downtrend (-90) - JPYPKR is in a strong downtrend that is likely to continue. While JPYPKR 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 JPYPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYPKR.
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 JPYPKR
The long-term trend has been DOWN since Oct 4th, 2023 at 1.9182222
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 1.8604853
The short-term trend has been DOWN since Mar 14th, 2024 at 1.8878375
Smart Scan Analysis for JPYPKR
Based on our trend formula, JPYPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.7905420 | 1.7917985 | 1.7905420 | 1.7917985 | +0.0012560 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7905420 | 2024-04-25 14:29:49 |