Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Pakistani Rupee/British Pound (FOREX:PKRGBP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 PKRGBP
The long term trend has been DOWN since Apr 18th, 2017 at 0.007525
The intermediate term trend has been UP since Feb 28th, 2018 at 0.006545
The short term trend has been DOWN since Mar 13th, 2018 at 0.006500
Smart Scan Analysis for PKRGBP
Based on a pre-defined weighted trend formula for chart analysis, PKRGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).