Forex Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
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 DOWN since Oct 5th, 2020 at 21.393686
The intermediate-term trend has been UP since Nov 23rd, 2020 at 20.742098
The short-term trend has been UP since Nov 18th, 2020 at 20.448408
Smart Scan Analysis for HKDPKR
Based on our trend formula, HKDPKR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).