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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Swiss Franc/Pakistani Rupee (FOREX:CHFPKR)

Sidelines Mode (-55) - CHFPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CHFPKR
Open High Low CHFPKR Price Change
305.87430 306.29051 304.72792 305.95197 +0.07767
Entry Signal

MarketClub’s Trade Triangles for CHFPKR

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 306.05179

intermediate term down The intermediate-term trend has been DOWN since May 27th, 2024 at 303.65927

short term up The short-term trend has been UP since May 28th, 2024 at 305.14017

Smart Scan Analysis for CHFPKR

Based on our trend formula, CHFPKR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CHFPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
305.87430 306.29051 304.72792 305.95197 +0.07767
Prev. Close Volume Bid Ask Time
305.87430 2024-05-29 10:43:11
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