Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Pakistani Rupee/Euro (FOREX:PKREUR)
Long-Term Downtrend (-90) - PKREUR is in a strong downtrend that is likely to continue. While PKREUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PKREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PKREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PKREUR
The long-term trend has been DOWN since Mar 6th, 2020 at 0.00575158
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.00571036
The short-term trend has been DOWN since May 19th, 2020 at 0.00571171
Smart Scan Analysis for PKREUR
Based on our trend formula, PKREUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).