Forex Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
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 Oct 5th, 2017 at 107.735
The intermediate term trend has been UP since Nov 23rd, 2017 at 107.255
The short term trend has been UP since Nov 10th, 2017 at 105.880
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).