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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.
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MarketClub’s Trade Triangles for GBPPKR
The long-term trend has been DOWN since Oct 4th, 2023 at 350.91891
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 341.14598
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).
| 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 |