Forex Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CADPKR
The long term trend has been UP since Dec 21st, 2017 at 84.965
The intermediate term trend has been UP since Sep 19th, 2018 at 95.311
The short term trend has been UP since Oct 11th, 2018 at 96.057
Smart Scan Analysis for CADPKR
Based on a pre-defined weighted trend formula for chart analysis, CADPKR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).