Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
New Zealand Dollar/Pakistani Rupee (FOREX:NZDPKR)
Countertrend Up (+85) - NZDPKR 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 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 Jun 1st, 2020 at 101.88715
The intermediate-term trend has been UP since May 26th, 2020 at 98.65995
The short-term trend has been DOWN since Jul 24th, 2020 at 111.25063
Smart Scan Analysis for NZDPKR
Based on our trend formula, NZDPKR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).