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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

US Dollar/Pakistani Rupee (FOREX:USDPKR)

Weak Uptrend (+65) - USDPKR is showing signs of weakening momentum to the upside. Monitor USDPKR as it may be in the beginning stages of a reversal.

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.

FOREX_USDPKR
Open High Low USDPKR Price Change
166.25671 167.19217 166.25671 166.50000 +0.24329
Entry Signal

MarketClub’s Trade Triangles for USDPKR

long term up The long-term trend has been UP since Mar 9th, 2020 at 155.73682

intermediate term up The intermediate-term trend has been UP since May 29th, 2020 at 161.80599

short term down The short-term trend has been DOWN since Jul 23rd, 2020 at 167.60000

Smart Scan Analysis for USDPKR

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

+65
Smart Scan Analysis for USDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
166.25671 167.19217 166.25671 166.50000 +0.24329
Prev. Close Volume Bid Ask Time
167.66500 166.10000 166.90000 2020-07-29 12:24:01
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