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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)

Sidelines Mode (+50) - HKDPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HKDPKR can gain momentum.

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
35.552594 35.571357 35.552594 35.571357 +0.018763
Entry Signal

MarketClub’s Trade Triangles for HKDPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 35.347448

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 35.526896

short term up The short-term trend has been UP since Apr 18th, 2024 at 35.490585

Smart Scan Analysis for HKDPKR

Based on our trend formula, HKDPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for HKDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.552594 35.571357 35.552594 35.571357 +0.018763
Prev. Close Volume Bid Ask Time
35.552594 2024-04-19 12:55:13
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