Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)

Bear Market Rally (-75) - CADPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADPKR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CADPKR?

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

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

FOREX_CADPKR
Open High Low CADPKR Price Change
203.47999 203.47999 203.39391 203.39391 -0.08608
Entry Signal

MarketClub’s Trade Triangles for CADPKR

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 205.18215

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2024 at 207.24986

short term up The short-term trend has been UP since Apr 22nd, 2024 at 202.67664

Smart Scan Analysis for CADPKR

Based on our trend formula, CADPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CADPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
203.47999 203.47999 203.39391 203.39391 -0.08608
Prev. Close Volume Bid Ask Time
203.47999 2024-04-22 14:23:27
Get a free daily analysis and signals for Canadian Dollar/Pakistani Rupee (CADPKR) - Request Your Free Report.