Today's PKR to HUF Price Update

Summary

This report provides the real-time exchange rate between the Pakistani Rupee (PKR) and 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 traders engaged in PKR/HUF currency pairs.

Today’s Price

• 1 PKR = 1.17 HUF
• 24h High: 1.1762 HUF
• 24h Low: 1.1672 HUF

Market Analysis

The PKR/HUF exchange rate is currently trading near 1.1748, with relatively modest intraday volatility. Recent technical analysis indicates a neutral market condition with the 14-day RSI reading at 60.53.

• Technical levels: Key support zone around 1.1672 HUF, with resistance levels identified through Camarilla pivot points in the 1.1671–1.1675 range
• Risk note: Currency pairs can be affected by external factors such as financial, regulatory, or political events
• Trading opportunities: Monitor price action around identified support and resistance levels for potential entry and exit points

Conclusion

Continue to monitor the PKR/HUF pair closely, utilizing technical indicators and support/resistance levels to inform trading decisions. Traders should remain alert to macroeconomic developments that could impact both currencies.