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Forex Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

Pakistani Rupee/South African Rand (FOREX:PKRZAR)

Sidelines Mode (-55) - PKRZAR 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 PKRZAR?

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

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

FOREX_PKRZAR
Open High Low PKRZAR Price Change
0.06434438 0.06434438 0.06434438 0.06434438 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PKRZAR

long term up The long-term trend has been UP since Nov 1st, 2024 at 0.06782235

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2024 at 0.06249863

short term up The short-term trend has been UP since Dec 13th, 2024 at 0.06434050

Smart Scan Analysis for PKRZAR

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

-55
Smart Scan Analysis for PKRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06434438 0.06434438 0.06434438 0.06434438 0.00000000
Prev. Close Volume Bid Ask Time
0.06434438 2024-12-14 12:27:07
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