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.
MarketClub’s Trade Triangles for PKRUSD
The long-term trend has been UP since Oct 4th, 2020 at 0.00603653
The intermediate-term trend has been DOWN since Nov 22nd, 2020 at 0.00623847
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).