Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Swiss Franc/Pakistani Rupee (FOREX:CHFPKR)
Long-Term Downtrend (-90) - CHFPKR is in a strong downtrend that is likely to continue. While CHFPKR 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 CHFPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFPKR
The long-term trend has been DOWN since Oct 29th, 2020 at 175.79110
The intermediate-term trend has been DOWN since Jan 31st, 2021 at 179.51095
The short-term trend has been DOWN since Feb 17th, 2021 at 177.37280
Smart Scan Analysis for CHFPKR
Based on our trend formula, CHFPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).