Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Pakistani Rupee/US Dollar (FOREX:PKRUSD)
Strong Downtrend (-100) - PKRUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Jun 17th, 2021 at 0.00635870
The intermediate-term trend has been DOWN since May 26th, 2021 at 0.00655957
The short-term trend has been DOWN since Aug 25th, 2021 at 0.00607600
Smart Scan Analysis for PKRUSD
Based on our trend formula, PKRUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).