Forex Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 84.9650
The intermediate term trend has been UP since Jun 13th, 2018 at 90.5060
The short term trend has been UP since Jun 20th, 2018 at 91.3905
Smart Scan Analysis for CADPKR
Based on a pre-defined weighted trend formula for chart analysis, CADPKR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).