Forex Trend Analysis Report
Prepared for you on Wednesday, July 28, 2021.
Pakistani Rupee/South African Rand (FOREX:PKRZAR)
Crossroads (+60) - PKRZAR 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 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.
MarketClub’s Trade Triangles for PKRZAR
The long-term trend has been DOWN since May 25th, 2021 at 0.09034042
The intermediate-term trend has been UP since Jun 18th, 2021 at 0.09138872
The short-term trend has been UP since Jul 21st, 2021 at 0.09120885
Smart Scan Analysis for PKRZAR
Based on our trend formula, PKRZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).