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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Pakistani Rupee/US Dollar (FOREX:PKRUSD)

Sidelines Mode (-55) - PKRUSD 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 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
0.00359345 0.00359453 0.00359345 0.00359453 +0.00000100
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 Jul 26th, 2024 at 0.00359377

Smart Scan Analysis for PKRUSD

Based on our trend formula, PKRUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00359345 0.00359453 0.00359345 0.00359453 +0.00000100
Prev. Close Volume Bid Ask Time
0.00359345 2024-07-26 14:00:15
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