Forex Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)
Long-Term Uptrend (+90) - HKDPKR is in a strong uptrend that is likely to continue. While HKDPKR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for HKDPKR
The long-term trend has been UP since Jan 3rd, 2020 at 19.906861
The intermediate-term trend has been UP since May 26th, 2020 at 20.751343
The short-term trend has been UP since Aug 6th, 2020 at 21.577165
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).