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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

New Zealand Dollar/Pakistani Rupee (FOREX:NZDPKR)

Long-Term Downtrend (-90) - NZDPKR is in a strong downtrend that is likely to continue. While NZDPKR 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 NZDPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDPKR
Open High Low NZDPKR Price Change
164.4329 164.4329 164.4329 164.4329 0.0000
Entry Signal

MarketClub’s Trade Triangles for NZDPKR

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 170.44089

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 170.61470

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 166.85229

Smart Scan Analysis for NZDPKR

Based on our trend formula, NZDPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NZDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
164.4329 164.4329 164.4329 164.4329 0.0000
Prev. Close Volume Bid Ask Time
164.4329 2024-04-18 16:01:27
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