Forex Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
New Zealand Dollar/Pakistani Rupee (FOREX:NZDPKR)
Smart Scan Chart Analysis indicates that the upward 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 NZDPKR
The long term trend has been DOWN since Sep 11th, 2018 at 81.045
The intermediate term trend has been UP since Oct 11th, 2018 at 82.834
The short term trend has been UP since Oct 11th, 2018 at 80.780
Smart Scan Analysis for NZDPKR
Based on a pre-defined weighted trend formula for chart analysis, NZDPKR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).