Forex Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
Singapore Dollar/Pakistani Rupee (FOREX:SGDPKR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for SGDPKR
The long term trend has been UP since Mar 23rd, 2017 at 74.6790
The intermediate term trend has been UP since Sep 21st, 2018 at 90.3670
The short term trend has been UP since Sep 13th, 2018 at 89.5155
Smart Scan Analysis for SGDPKR
Based on a pre-defined weighted trend formula for chart analysis, SGDPKR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).