Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Euro/Pakistani Rupee (FOREX:EURPKR)
Sidelines Mode (+55) - EURPKR 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 EURPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURPKR
The long-term trend has been UP since Apr 1st, 2022 at 202.26458
The intermediate-term trend has been UP since Jul 26th, 2022 at 212.55800
The short-term trend has been DOWN since Aug 10th, 2022 at 228.65753
Smart Scan Analysis for EURPKR
Based on our trend formula, EURPKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).