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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

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
0.65468982 0.65468982 0.65393995 0.65393995 -0.00075000
Entry Signal

MarketClub’s Trade Triangles for PKRJPY

long term up The long-term trend has been UP since Oct 16th, 2020 at 0.64676775

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2020 at 0.64843275

short term up The short-term trend has been UP since Nov 24th, 2020 at 0.64942179

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
0.65468982 0.65468982 0.65393995 0.65393995 -0.00075000
Prev. Close Volume Bid Ask Time
0.65091332 2020-12-01 13:10:13
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