Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Singapore Dollar/Pakistani Rupee (FOREX:SGDPKR)
Sidelines Mode (+55) - SGDPKR 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 SGDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGDPKR
The long-term trend has been UP since Jul 26th, 2021 at 118.31416
The intermediate-term trend has been UP since Apr 22nd, 2022 at 136.72571
The short-term trend has been DOWN since Aug 9th, 2022 at 162.84835
Smart Scan Analysis for SGDPKR
Based on our trend formula, SGDPKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).