Forex Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
New Zealand Dollar/Pakistani Rupee (FOREX:NZDPKR)
Sidelines Mode (+50) - NZDPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NZDPKR can gain momentum.
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 Mar 8th, 2021 at 112.58956
The intermediate-term trend has been UP since Apr 19th, 2021 at 109.17300
The short-term trend has been UP since Apr 14th, 2021 at 107.97411
Smart Scan Analysis for NZDPKR
Based on our trend formula, NZDPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).