Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
New Zealand Dollar/Pakistani Rupee (FOREX:NZDPKR)
Sidelines Mode (+55) - NZDPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NZDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDPKR
The long-term trend has been UP since Dec 1st, 2020 at 112.34002
The intermediate-term trend has been UP since Nov 9th, 2020 at 108.38873
The short-term trend has been DOWN since Mar 1st, 2021 at 116.57898
Smart Scan Analysis for NZDPKR
Based on our trend formula, NZDPKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).