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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.
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MarketClub’s Trade Triangles for GBPPKR
The long-term trend has been UP since May 18th, 2022 at 243.02174
The intermediate-term trend has been UP since Jun 17th, 2022 at 255.19045
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).
| 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 |