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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Pakistani Rupee/South African Rand (FOREX:PKRZAR)
Countertrend Up (+85) - PKRZAR 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 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.
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MarketClub’s Trade Triangles for PKRZAR
The long-term trend has been UP since Nov 1st, 2024 at 0.06782235
The intermediate-term trend has been UP since Dec 19th, 2024 at 0.06588809
The short-term trend has been DOWN since Jan 2nd, 2025 at 0.06685210
Smart Scan Analysis for PKRZAR
Based on our trend formula, PKRZAR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06732001 | 0.06735296 | 0.06655889 | 0.06674538 | -0.00057500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06732001 | 2025-01-02 15:25:51 |