Forex Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
Pakistani Rupee/Norwegian Krone (FOREX:PKRNOK)
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 PKRNOK
The long term trend has been DOWN since Jul 5th, 2017 at 0.07935
The intermediate term trend has been UP since Sep 27th, 2017 at 0.07500
The short term trend has been UP since Oct 17th, 2017 at 0.07505
Smart Scan Analysis for PKRNOK
Based on a pre-defined weighted trend formula for chart analysis, PKRNOK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).