Forex Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Pakistani Rupee/Euro (FOREX:PKREUR)
Weak Downtrend (-65) - PKREUR is showing signs of a strengthening downtrend. Monitor PKREUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PKREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PKREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PKREUR
The long-term trend has been UP since Mar 7th, 2021 at 0.00523562
The intermediate-term trend has been DOWN since Apr 15th, 2021 at 0.00550180
The short-term trend has been DOWN since Apr 6th, 2021 at 0.00557827
Smart Scan Analysis for PKREUR
Based on our trend formula, PKREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).