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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)

Sidelines Mode (+55) - CADPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
166.23504 166.23504 166.23504 166.23504 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADPKR

long term up The long-term trend has been UP since May 24th, 2021 at 127.20411

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2022 at 138.57733

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 173.96969

Smart Scan Analysis for CADPKR

Based on our trend formula, CADPKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CADPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
166.23504 166.23504 166.23504 166.23504 0.00000
Prev. Close Volume Bid Ask Time
166.23504 2022-08-16 13:36:56
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