Forex Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
New Zealand Dollar/Pakistani Rupee (FOREX:NZDPKR)
Strong Downtrend (-100) - NZDPKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NZDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDPKR
The long-term trend has been DOWN since Oct 7th, 2020 at 108.59851
The intermediate-term trend has been DOWN since Sep 24th, 2020 at 110.07356
The short-term trend has been DOWN since Oct 26th, 2020 at 108.09223
Smart Scan Analysis for NZDPKR
Based on our trend formula, NZDPKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).