Forex Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
Swiss Franc/Pakistani Rupee (FOREX:CHFPKR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 UP since Mar 27th, 2017 at 106.180
The intermediate term trend has been DOWN since Sep 21st, 2017 at 108.755
The short term trend has been DOWN since Sep 12th, 2017 at 110.215
Smart Scan Analysis for CHFPKR
Based on a pre-defined weighted trend formula for chart analysis, CHFPKR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).