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Forex Trend Analysis Report

Prepared for you on Tuesday, October 15, 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
362.0231 362.0231 362.0231 362.0231 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPPKR

long term up The long-term trend has been UP since Jul 17th, 2024 at 362.14141

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 364.80111

short term down The short-term trend has been DOWN since Oct 2nd, 2024 at 370.25196

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
362.0231 362.0231 362.0231 362.0231 0.0000
Prev. Close Volume Bid Ask Time
362.9915 2024-10-10 13:28:11
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