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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Pakistani Rupee/Japanese Yen (FOREX:PKRJPY)
Countertrend Up (+85) - PKRJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid PKRJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for PKRJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PKRJPY
The long-term trend has been UP since Oct 4th, 2023 at 0.52131740
The intermediate-term trend has been UP since Mar 20th, 2024 at 0.53749503
The short-term trend has been UP since Mar 14th, 2024 at 0.52970831
Smart Scan Analysis for PKRJPY
Based on our trend formula, PKRJPY is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.55849193 | 0.55849193 | 0.55810011 | 0.55810011 | -0.00039200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.55849193 | 2024-04-25 14:29:49 |