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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)

Long-Term Downtrend (-90) - HKDPKR is in a strong downtrend that is likely to continue. While HKDPKR 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 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.

FOREX_HKDPKR
Open High Low HKDPKR Price Change
35.6921 35.6921 35.6921 35.6921 0.0000
Entry Signal

MarketClub’s Trade Triangles for HKDPKR

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 35.689582

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2024 at 35.735641

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 35.737260

Smart Scan Analysis for HKDPKR

Based on our trend formula, HKDPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HKDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.6921 35.6921 35.6921 35.6921 0.0000
Prev. Close Volume Bid Ask Time
35.6921 2024-11-19 11:27:42
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