Today's PKR to HUF Price Update

Summary

This report provides the real-time exchange rate between the Pakistani Rupee (PKR) and the Hungarian Forint (HUF), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Pakistani Rupee (PKR) is the official currency of Pakistan, while the Hungarian Forint (HUF) is the legal tender of Hungary. The exchange rate between them reflects market sentiment toward both currencies and serves as an important indicator for bilateral trade and investment flows between the two regions.

Today’s Price

• 1 PKR = 1.14 HUF
• 24h High: 1.1455 HUF
• 24h Low: 1.1341 HUF

Market Analysis

Recent PKR/HUF price movements indicate a neutral market sentiment with relatively modest intraday volatility. Technical analysis reveals a balanced market structure.

• Technical indicators: The 14-day Relative Strength Index (RSI) stands at neutral levels (approximately 48-51), suggesting neither overbought nor oversold conditions
• Moving averages: Multiple moving average periods (MA5, MA10, MA20, MA50, MA100, MA200) are displaying sell signals, indicating potential downward pressure
• Risk note: The neutral RSI readings suggest limited directional momentum; traders should remain cautious of sudden volatility shifts
• Trading opportunities: Monitor key support and resistance levels as the pair consolidates; watch for breakouts from current trading ranges

Conclusion

Continue monitoring the PKR/HUF pair closely. The current neutral technical setup suggests traders should wait for clearer directional signals before establishing significant positions. Pay attention to moving average crossovers and RSI divergences for potential entry and exit points.