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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Pakistani Rupee/US Dollar (FOREX:PKRUSD)

Crossroads (-60) - PKRUSD 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 PKRUSD?

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

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

FOREX_PKRUSD
Open High Low PKRUSD Price Change
0.0035921 0.0035921 0.0035921 0.0035921 0.0000000
Entry Signal

MarketClub’s Trade Triangles for PKRUSD

long term up The long-term trend has been UP since Jan 18th, 2024 at 0.00361958

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.00357779

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.00359254

Smart Scan Analysis for PKRUSD

Based on our trend formula, PKRUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0035921 0.0035921 0.0035921 0.0035921 0.0000000
Prev. Close Volume Bid Ask Time
0.0035921 2024-04-23 07:26:26
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