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.
MarketClub’s Trade Triangles for USDPKR
The long-term trend has been UP since Mar 9th, 2020 at 155.73682
The intermediate-term trend has been UP since May 29th, 2020 at 161.80599
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).