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Forex Trend Analysis Report

Prepared for you on Wednesday, January 20, 2021.

Pakistani Rupee/US Dollar (FOREX:PKRUSD)

Crossroads (-60) - PKRUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PKRUSD?

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

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

FOREX_PKRUSD
Open High Low PKRUSD Price Change
0.00620481 0.00622528 0.00620481 0.00622528 +0.00002000
Entry Signal

MarketClub’s Trade Triangles for PKRUSD

long term up The long-term trend has been UP since Oct 4th, 2020 at 0.00603653

intermediate term down The intermediate-term trend has been DOWN since Nov 22nd, 2020 at 0.00623847

short term down The short-term trend has been DOWN since Dec 30th, 2020 at 0.00623824

Smart Scan Analysis for PKRUSD

Based on our trend formula, PKRUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00620481 0.00622528 0.00620481 0.00622528 +0.00002000
Prev. Close Volume Bid Ask Time
0.00622524 2021-01-18 07:19:55
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