Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Pakistani Rupee/US Dollar (FOREX:PKRUSD)
Bull Market Weakness (+75) - PKRUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PKRUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PKRUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PKRUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PKRUSD
The long-term trend has been UP since Oct 4th, 2020 at 0.00603653
The intermediate-term trend has been DOWN since Nov 22nd, 2020 at 0.00623847
The short-term trend has been UP since Nov 26th, 2020 at 0.00625913
Smart Scan Analysis for PKRUSD
Based on our trend formula, PKRUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).