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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

US Dollar/Pakistani Rupee (FOREX:USDPKR)

Weak Downtrend (-65) - USDPKR is showing signs of a strengthening downtrend. Monitor USDPKR as it may be building momentum to the downside.

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
283.78945 283.99360 269.00000 283.99360 +0.20415
Entry Signal

MarketClub’s Trade Triangles for USDPKR

long term down The long-term trend has been DOWN since Nov 24th, 2023 at 276.28317

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 276.61250

short term down The short-term trend has been DOWN since Nov 23rd, 2023 at 285.10289

Smart Scan Analysis for USDPKR

Based on our trend formula, USDPKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
283.78945 283.99360 269.00000 283.99360 +0.20415
Prev. Close Volume Bid Ask Time
283.78945 2023-12-08 20:32:20
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