Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
United Arab Emirates Dirham/Pakistani Rupee (FOREX:AEDPKR)
Long-Term Downtrend (-90) - AEDPKR is in a strong downtrend that is likely to continue. While AEDPKR 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
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDPKR
The long-term trend has been DOWN since Nov 13th, 2019 at 42.363500
The intermediate-term trend has been DOWN since Aug 2nd, 2019 at 43.119000
The short-term trend has been DOWN since Feb 13th, 2020 at 42.050096
Smart Scan Analysis for AEDPKR
Based on our trend formula, AEDPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).