Forex Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
South African Rand/Pakistani Rupee (FOREX:ZARPKR)
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 ZARPKR
The long term trend has been DOWN since May 18th, 2018 at 9.06845
The intermediate term trend has been UP since Jul 9th, 2018 at 9.07655
The short term trend has been UP since Jul 12th, 2018 at 9.16905
Smart Scan Analysis for ZARPKR
Based on a pre-defined weighted trend formula for chart analysis, ZARPKR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).