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Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
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.
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MarketClub’s Trade Triangles for PKRJPY
The long-term trend has been UP since Oct 4th, 2023 at 0.52131740
The intermediate-term trend has been DOWN since Dec 7th, 2023 at 0.51380930
The short-term trend has been UP since Dec 8th, 2023 at 0.51825684
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.54022859 | 0.54032557 | 0.54022859 | 0.54032557 | +0.00009700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.54022859 | 2023-12-08 18:10:46 |