Forex Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
Japanese Yen/Pakistani Rupee (FOREX:JPYPKR)
Sidelines Mode (-55) - JPYPKR 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 JPYPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYPKR
The long-term trend has been DOWN since Dec 27th, 2021 at 1.4926030
The intermediate-term trend has been DOWN since Dec 27th, 2021 at 1.5545032
The short-term trend has been UP since Jan 7th, 2022 at 1.5294798
Smart Scan Analysis for JPYPKR
Based on our trend formula, JPYPKR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).