Forex Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
Swiss Franc/Pakistani Rupee (FOREX:CHFPKR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 CHFPKR
The long term trend has been DOWN since May 2nd, 2018 at 115.745
The intermediate term trend has been UP since May 23rd, 2018 at 117.330
The short term trend has been UP since May 11th, 2018 at 115.910
Smart Scan Analysis for CHFPKR
Based on a pre-defined weighted trend formula for chart analysis, CHFPKR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).