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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.

FOREX_USDPKR
Open High Low USDPKR Price Change
160.700 160.750 160.650 160.725 +0.025
Entry Signal

MarketClub’s Trade Triangles for USDPKR

long term down The long-term trend has been DOWN since Oct 4th, 2020 at 165.66960

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2021 at 160.99284

short term up 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).

+60
Smart Scan Analysis for USDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.700 160.750 160.650 160.725 +0.025
Prev. Close Volume Bid Ask Time
160.700 2021-01-26 16:09:21
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