Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Pakistani Rupee/British Pound (FOREX:PKRGBP)
Sidelines Mode (-55) - PKRGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Feb 20th, 2020 at 0.00501760
The intermediate-term trend has been DOWN since Mar 30th, 2020 at 0.00488056
The short-term trend has been UP since Apr 3rd, 2020 at 0.00485587
Smart Scan Analysis for PKRGBP
Based on our trend formula, PKRGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).