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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

British Pound/Pakistani Rupee (FOREX:GBPPKR)

Long-Term Downtrend (-90) - GBPPKR is in a strong downtrend that is likely to continue. While GBPPKR 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 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
359.94105 359.94105 196.05742 196.05742 -163.88363
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 down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 341.14598

short term down The short-term trend has been DOWN since Nov 24th, 2023 at 358.10514

Smart Scan Analysis for GBPPKR

Based on our trend formula, GBPPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
359.94105 359.94105 196.05742 196.05742 -163.88363
Prev. Close Volume Bid Ask Time
362.73105 2023-11-24 13:45:42
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