Forex Trend Analysis Report
Prepared for you on Monday, December 18, 2017.
Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 Nov 2nd, 2017 at 83.8475
The intermediate term trend has been DOWN since Nov 28th, 2017 at 82.4435
The short term trend has been UP since Dec 1st, 2017 at 82.4260
Smart Scan Analysis for CADPKR
Based on a pre-defined weighted trend formula for chart analysis, CADPKR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).