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Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

British Pound/Pakistani Rupee (FOREX:GBPPKR)

Sidelines Mode (+55) - GBPPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
271.17282 271.17282 271.17282 271.17282 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPPKR

long term up The long-term trend has been UP since May 18th, 2022 at 243.02174

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2022 at 255.19045

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 271.27320

Smart Scan Analysis for GBPPKR

Based on our trend formula, GBPPKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
271.17282 271.17282 271.17282 271.17282 0.00000
Prev. Close Volume Bid Ask Time
271.17282 2022-08-09 12:22:56
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