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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.

FOREX_PKREUR
Open High Low PKREUR Price Change
0.00564761 0.00564761 0.00564761 0.00564761 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PKREUR

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 0.00575158

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 0.00571036

short term down 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).

-90
Smart Scan Analysis for PKREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00564761 0.00564761 0.00564761 0.00564761 0.00000000
Prev. Close Volume Bid Ask Time
0.00569004 0.00559658 0.00569864 2020-05-21 21:08:20
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