Forex Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Pakistani Rupee/British Pound (FOREX:PKRGBP)
Bear Market Rally (-75) - PKRGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PKRGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PKRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for PKRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PKRGBP
The long-term trend has been DOWN since Jul 23rd, 2021 at 0.00451274
The intermediate-term trend has been UP since Nov 3rd, 2021 at 0.00431160
The short-term trend has been DOWN since Dec 8th, 2021 at 0.00426761
Smart Scan Analysis for PKRGBP
Based on our trend formula, PKRGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).