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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Kuwaiti Dinar/Pakistani Rupee (FOREX:KWDPKR)
Bear Market Rally (-75) - KWDPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KWDPKR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid KWDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KWDPKR.
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 KWDPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 900.2831
The intermediate-term trend has been UP since Apr 25th, 2024 at 904.3453
The short-term trend has been DOWN since May 8th, 2024 at 905.2495
Smart Scan Analysis for KWDPKR
Based on our trend formula, KWDPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 905.0028 | 905.0028 | 904.5839 | 904.5839 | -0.4189 |
| Prev. Close | Volume | Bid | Ask | Time |
| 905.0028 | 2024-05-08 16:10:18 |