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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

British Pound/Pakistani Rupee (FOREX:GBPPKR)

Crossroads (+60) - GBPPKR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_GBPPKR
Open High Low GBPPKR Price Change
355.55882 355.55882 355.55882 355.55882 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPPKR

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 350.91891

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 349.59768

short term up The short-term trend has been UP since May 24th, 2024 at 354.53816

Smart Scan Analysis for GBPPKR

Based on our trend formula, GBPPKR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for GBPPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
355.55882 355.55882 355.55882 355.55882 0.00000
Prev. Close Volume Bid Ask Time
355.55882 2024-06-13 15:00:18
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