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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Pakistani Rupee/South African Rand (FOREX:PKRZAR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_PKRZAR
Open High Low PKRZAR Price Change
0.108775 0.109275 0.103020 0.103955 -0.004820
Entry Signal

MarketClub’s Trade Triangles for PKRZAR

long term up The long term trend has been UP since May 18th, 2018 at 0.110280

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.110115

short term down The short term trend has been DOWN since Jul 12th, 2018 at 0.109065

Smart Scan Analysis for PKRZAR

Based on a pre-defined weighted trend formula for chart analysis, PKRZAR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for PKRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.108775 0.109275 0.103020 0.103955 -0.004820
Prev. Close Volume Bid Ask Time
0.108775 0.103920 0.103990 2018-07-17 21:22:28
Want to analyze Pakistani Rupee/South African Rand PKRZAR or another symbol? Try our Free Forex Trend Analysis Report.