Forex Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
Swiss Franc/Pakistani Rupee (FOREX:CHFPKR)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 CHFPKR
The long term trend has been DOWN since Mar 18th, 2016 at 101.710
The intermediate term trend has been DOWN since Feb 15th, 2017 at 103.770
The short term trend has been DOWN since Feb 21st, 2017 at 104.385
Smart Scan Analysis for CHFPKR
Based on a pre-defined weighted trend formula for chart analysis, CHFPKR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).