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Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

Pakistani Rupee/US Dollar (FOREX:PKRUSD)

Weak Downtrend (-65) - PKRUSD is showing signs of a strengthening downtrend. Monitor PKRUSD as it may be building momentum to the downside.

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.

FOREX_PKRUSD
Open High Low PKRUSD Price Change
0.00359872 0.00359872 0.00359194 0.00359194 -0.00000700
Entry Signal

MarketClub’s Trade Triangles for PKRUSD

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.00355786

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.00355944

short term up The short-term trend has been UP since Jun 16th, 2024 at 0.00359040

Smart Scan Analysis for PKRUSD

Based on our trend formula, PKRUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00359872 0.00359872 0.00359194 0.00359194 -0.00000700
Prev. Close Volume Bid Ask Time
0.00359872 2024-06-16 21:00:27
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