Forex Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
Euro/Pakistani Rupee (FOREX:EURPKR)
Bull Market Weakness (+75) - EURPKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURPKR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURPKR
The long-term trend has been UP since Dec 13th, 2022 at 237.87280
The intermediate-term trend has been UP since Oct 26th, 2022 at 221.70660
The short-term trend has been DOWN since Feb 7th, 2023 at 294.94186
Smart Scan Analysis for EURPKR
Based on our trend formula, EURPKR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).