Forex Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 DOWN since Jan 15th, 2019 at 95.4515
The intermediate term trend has been DOWN since Jan 15th, 2019 at 102.3600
The short term trend has been DOWN since Jan 15th, 2019 at 105.2900
Smart Scan Analysis for CADPKR
Based on a pre-defined weighted trend formula for chart analysis, CADPKR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).