Forex Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
US Dollar/Pakistani Rupee (FOREX:USDPKR)
Crossroads (+60) - USDPKR 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 USDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDPKR
The long-term trend has been DOWN since Oct 4th, 2020 at 165.66960
The intermediate-term trend has been UP since Jan 18th, 2021 at 160.99284
The short-term trend has been UP since Jan 18th, 2021 at 160.60907
Smart Scan Analysis for USDPKR
Based on our trend formula, USDPKR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).