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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

US Dollar/Pakistani Rupee (FOREX:USDPKR)

Crossroads (-60) - USDPKR 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 USDPKR?

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

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

FOREX_USDPKR
Open High Low USDPKR Price Change
279.63332 280.43064 278.80000 278.80000 -0.83332
Entry Signal

MarketClub’s Trade Triangles for USDPKR

long term down The long-term trend has been DOWN since Nov 24th, 2023 at 276.28317

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 279.72500

short term up The short-term trend has been UP since Mar 14th, 2024 at 279.39784

Smart Scan Analysis for USDPKR

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

-60
Smart Scan Analysis for USDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
279.63332 280.43064 278.80000 278.80000 -0.83332
Prev. Close Volume Bid Ask Time
279.63332 2024-03-18 17:29:12
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