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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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 Nov 13th, 2024 at 355.13044
The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 364.80111
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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 352.14704 | 352.14704 | 352.14704 | 352.14704 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 352.14704 | 2024-11-19 11:27:42 |