Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)
Bull Market Weakness (+75) - CADPKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADPKR as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for CADPKR
The long-term trend has been DOWN since Oct 26th, 2020 at 122.37878
The intermediate-term trend has been UP since Nov 23rd, 2020 at 122.91663
The short-term trend has been UP since Nov 18th, 2020 at 121.06561
Smart Scan Analysis for CADPKR
Based on our trend formula, CADPKR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).