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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Pakistani Rupee/Japanese Yen (FOREX:PKRJPY)

Long-Term Downtrend (-90) - PKRJPY is in a strong downtrend that is likely to continue. While PKRJPY 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 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
0.46898860 0.46919735 0.46898860 0.46919735 +0.00020900
Entry Signal

MarketClub’s Trade Triangles for PKRJPY

long term down The long-term trend has been DOWN since Dec 20th, 2022 at 0.59330368

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2023 at 0.48285913

short term down The short-term trend has been DOWN since Mar 14th, 2023 at 0.48285913

Smart Scan Analysis for PKRJPY

Based on our trend formula, PKRJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PKRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46898860 0.46919735 0.46898860 0.46919735 +0.00020900
Prev. Close Volume Bid Ask Time
0.46898860 2023-03-17 13:39:12
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