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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
358.77617 358.77617 358.77617 358.77617 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPPKR

long term up The long-term trend has been UP since Jul 17th, 2024 at 362.14141

intermediate term up The intermediate-term trend has been UP since Jul 17th, 2024 at 362.14141

short term down The short-term trend has been DOWN since Jul 25th, 2024 at 359.34172

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
358.77617 358.77617 358.77617 358.77617 0.00000
Prev. Close Volume Bid Ask Time
358.77617 2024-07-25 11:31:20
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