Forex Trend Analysis Report
Prepared for you on Monday, April 24, 2017.
Swiss Franc/Pakistani Rupee (FOREX:CHFPKR)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 UP since Mar 27th, 2017 at 106.180
The intermediate term trend has been DOWN since Apr 10th, 2017 at 103.755
The short term trend has been DOWN since Apr 23rd, 2017 at 104.535
Smart Scan Analysis for CHFPKR
Based on a pre-defined weighted trend formula for chart analysis, CHFPKR scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).