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Forex Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Pakistani Rupee/British Pound (FOREX:PKRGBP)

Sidelines Mode (-55) - PKRGBP 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 PKRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for PKRGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PKRGBP
Open High Low PKRGBP Price Change
0.00282773 0.00282773 0.00282773 0.00282773 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PKRGBP

long term up The long-term trend has been UP since Oct 2nd, 2023 at 0.00285413

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 0.00285839

short term up The short-term trend has been UP since May 23rd, 2024 at 0.00282809

Smart Scan Analysis for PKRGBP

Based on our trend formula, PKRGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00282773 0.00282773 0.00282773 0.00282773 0.00000000
Prev. Close Volume Bid Ask Time
0.00282773 2024-05-30 05:50:13
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