Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
US Dollar/Pakistani Rupee (FOREX:USDPKR)
Strong Downtrend (-100) - USDPKR 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 USDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDPKR
The long-term trend has been DOWN since Oct 4th, 2020 at 165.66960
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 158.63271
The short-term trend has been DOWN since Feb 24th, 2021 at 158.73495
Smart Scan Analysis for USDPKR
Based on our trend formula, USDPKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).