Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Pakistani Rupee/Euro (FOREX:PKREUR)
Bear Market Rally (-75) - PKREUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PKREUR as it may be in the beginning of a reversal.
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 Dec 22nd, 2020 at 0.00509311
The intermediate-term trend has been UP since Jan 12th, 2021 at 0.00511747
The short-term trend has been DOWN since Feb 25th, 2021 at 0.00518178
Smart Scan Analysis for PKREUR
Based on our trend formula, PKREUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).