Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Pakistani Rupee/US Dollar (FOREX:PKRUSD)
Bear Market Rally (-75) - PKRUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PKRUSD as it may be in the beginning 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 DOWN since Mar 9th, 2020 at 0.00642164
The intermediate-term trend has been UP since Apr 20th, 2020 at 0.00599671
The short-term trend has been DOWN since May 20th, 2020 at 0.00623091
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).