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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)
Long-Term Downtrend (-90) - HKDPKR is in a strong downtrend that is likely to continue. While HKDPKR 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 HKDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPKR.
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 HKDPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 35.347448
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 35.845944
The short-term trend has been DOWN since Mar 1st, 2024 at 35.736385
Smart Scan Analysis for HKDPKR
Based on our trend formula, HKDPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.452752 | 35.554449 | 35.452752 | 35.554449 | +0.101697 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.452752 | 2024-04-16 17:22:28 |