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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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 Jul 15th, 2024 at 276.23183
The intermediate-term trend has been UP since Jul 18th, 2024 at 278.80809
The short-term trend has been DOWN since Jul 26th, 2024 at 278.26682
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 |
|---|---|---|---|---|
| 278.29170 | 278.29170 | 278.20842 | 278.20842 | -0.08328 |
| Prev. Close | Volume | Bid | Ask | Time |
| 278.29170 | 2024-07-26 14:00:15 |