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.
MarketClub’s Trade Triangles for JPYPKR
The long-term trend has been DOWN since Oct 4th, 2023 at 1.9182222
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 1.8802063
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).