Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
British Pound/Pakistani Rupee (FOREX:GBPPKR)
Weak Downtrend (-65) - GBPPKR is showing signs of a strengthening downtrend. Monitor GBPPKR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for GBPPKR
The long-term trend has been UP since Dec 16th, 2020 at 215.93261
The intermediate-term trend has been DOWN since Mar 3rd, 2021 at 219.79570
The short-term trend has been DOWN since Mar 1st, 2021 at 223.85120
Smart Scan Analysis for GBPPKR
Based on our trend formula, GBPPKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).