Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Japanese Yen/Pakistani Rupee (FOREX:JPYPKR)
Sidelines Mode (+50) - JPYPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until JPYPKR can gain momentum.
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 Oct 16th, 2020 at 1.5461590
The intermediate-term trend has been UP since Apr 19th, 2021 at 1.4050370
The short-term trend has been UP since Apr 12th, 2021 at 1.3935236
Smart Scan Analysis for JPYPKR
Based on our trend formula, JPYPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).