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Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

Pakistani Rupee/Japanese Yen (FOREX:PKRJPY)

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.

FOREX_PKRJPY
Open High Low PKRJPY Price Change
0.929620 0.930245 0.929495 0.930245 +0.000625
Entry Signal

MarketClub’s Trade Triangles for PKRJPY

long term down The long term trend has been DOWN since Dec 21st, 2017 at 1.034050

intermediate term up The intermediate term trend has been UP since Apr 10th, 2018 at 0.921125

short term up The short term trend has been UP since Apr 3rd, 2018 at 0.921050

Smart Scan Analysis for PKRJPY

Based on a pre-defined weighted trend formula for chart analysis, PKRJPY scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for PKRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.929620 0.930245 0.929495 0.930245 +0.000625
Prev. Close Volume Bid Ask Time
0.929620 0.929840 0.930650 2018-04-20 11:44:34
Want to analyze Pakistani Rupee/Japanese Yen PKRJPY or another symbol? Try our Free Forex Trend Analysis Report.