Today's CNY to PKR Price Update

Summary

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

Definition

The Chinese Yuan (CNY) is one of the world’s major fiat currencies and a key player in international trade, while the Pakistani Rupee (PKR) represents the currency of South Asia’s second-largest economy. The exchange rate between them reflects market sentiment toward bilateral trade flows and regional economic conditions.

Today’s Price

• 1 CNY = 40.02 PKR
• 24h High: 40.2176 PKR
• 24h Low: 39.8543 PKR

Market Analysis

Recent CNY/PKR price movements show moderate volatility within a narrow band. Current technical indicators suggest a Strong Buy rating for the pair.

• Technical outlook: Based on moving averages and common technical indicators, the pair demonstrates bullish momentum
• 1-Year forecast: Market analysis suggests a potential 5.67% appreciation, with projected rates reaching 42.22 PKR per CNY over the next 12 months
• Trading opportunities: Monitor for buy signals aligned with technical analysis indicators and consider positions aligned with the positive medium-term outlook

Conclusion

Continue to monitor the CNY/PKR pair closely, integrating technical analysis signals with medium-term forecast expectations. Traders should track moving average crossovers and support/resistance levels to optimize entry and exit points in this currency pair.