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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Pakistani Rupee/Japanese Yen (FOREX:PKRJPY)

Sidelines Mode (-55) - PKRJPY 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 PKRJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for PKRJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PKRJPY
Open High Low PKRJPY Price Change
0.6597836 0.6597836 0.6597836 0.6597836 0.0000000
Entry Signal

MarketClub’s Trade Triangles for PKRJPY

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 0.69760130

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2021 at 0.65459882

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 0.66333317

Smart Scan Analysis for PKRJPY

Based on our trend formula, PKRJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PKRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6597836 0.6597836 0.6597836 0.6597836 0.0000000
Prev. Close Volume Bid Ask Time
0.6597836 2021-10-20 13:23:18
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