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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Pakistani Rupee/British Pound (FOREX:PKRGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

FOREX_PKRGBP
Open High Low PKRGBP Price Change
0.005729 0.005732 0.005707 0.005707 -0.000022
Entry Signal

MarketClub’s Trade Triangles for PKRGBP

long term down The long term trend has been DOWN since Apr 18th, 2017 at 0.007525

intermediate term down The intermediate term trend has been DOWN since Nov 30th, 2018 at 0.005684

short term up The short term trend has been UP since Dec 10th, 2018 at 0.005657

Smart Scan Analysis for PKRGBP

Based on a pre-defined weighted trend formula for chart analysis, PKRGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for PKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005729 0.005732 0.005707 0.005707 -0.000022
Prev. Close Volume Bid Ask Time
0.005729 0.005705 0.005709 2018-12-11 08:02:23
Want to analyze Pakistani Rupee/British Pound PKRGBP or another symbol? Try our Free Forex Trend Analysis Report.