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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)

Long-Term Downtrend (-90) - CADPKR is in a strong downtrend that is likely to continue. While CADPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CADPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADPKR
Open High Low CADPKR Price Change
202.29902 202.29902 202.29902 202.29902 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADPKR

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 205.18215

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2024 at 207.24986

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 206.89195

Smart Scan Analysis for CADPKR

Based on our trend formula, CADPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CADPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
202.29902 202.29902 202.29902 202.29902 0.00000
Prev. Close Volume Bid Ask Time
202.29902 2024-04-18 16:01:27
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