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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
US Dollar/Pakistani Rupee (FOREX:USDPKR)
Bear Market Rally (-75) - USDPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDPKR as it may be in the beginning 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.
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MarketClub’s Trade Triangles for USDPKR
The long-term trend has been DOWN since Nov 24th, 2023 at 276.28317
The intermediate-term trend has been UP since Mar 14th, 2024 at 279.72500
The short-term trend has been DOWN since Apr 16th, 2024 at 277.92500
Smart Scan Analysis for USDPKR
Based on our trend formula, USDPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 277.61696 | 277.61696 | 277.61696 | 277.61696 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 278.15537 | 2024-04-17 19:38:10 |