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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

Japanese Yen/Pakistani Rupee (FOREX:JPYPKR)

Bear Market Rally (-75) - JPYPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYPKR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid JPYPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYPKR
Open High Low JPYPKR Price Change
1.934076 1.934076 1.934076 1.934076 0.000000
Entry Signal

MarketClub’s Trade Triangles for JPYPKR

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 1.9182222

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 1.8802063

short term up The short-term trend has been UP since Dec 5th, 2023 at 1.9297393

Smart Scan Analysis for JPYPKR

Based on our trend formula, JPYPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JPYPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.934076 1.934076 1.934076 1.934076 0.000000
Prev. Close Volume Bid Ask Time
1.934076 2023-12-05 16:18:31
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