Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Indian Rupee/Pakistani Rupee (FOREX:INRPKR)
Countertrend Up (+85) - INRPKR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid INRPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRPKR
The long-term trend has been UP since Mar 27th, 2020 at 2.1971598
The intermediate-term trend has been UP since Mar 26th, 2020 at 2.1405417
The short-term trend has been UP since Mar 26th, 2020 at 2.1212022
Smart Scan Analysis for INRPKR
Based on our trend formula, INRPKR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).