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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

US Dollar/Pakistani Rupee (FOREX:USDPKR)

Crossroads (-60) - USDPKR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
277.88437 278.35940 277.88437 278.35940 +0.47503
Entry Signal

MarketClub’s Trade Triangles for USDPKR

long term up The long-term trend has been UP since Jun 10th, 2024 at 281.07608

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 277.86355

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 277.94514

Smart Scan Analysis for USDPKR

Based on our trend formula, USDPKR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
277.88437 278.35940 277.88437 278.35940 +0.47503
Prev. Close Volume Bid Ask Time
277.88437 2024-06-16 17:01:47
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