Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)
Bull Market Weakness (+75) - HKDPKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDPKR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HKDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDPKR
The long-term trend has been UP since Jul 6th, 2021 at 20.391880
The intermediate-term trend has been UP since May 24th, 2021 at 19.768647
The short-term trend has been DOWN since Oct 28th, 2021 at 22.429740
Smart Scan Analysis for HKDPKR
Based on our trend formula, HKDPKR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).