Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Australian Dollar/Pakistani Rupee (FOREX:AUDPKR)
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 AUDPKR
The long term trend has been UP since Dec 27th, 2019 at 107.73500
The intermediate term trend has been UP since Dec 12th, 2019 at 106.33161
The short term trend has been DOWN since Jan 3rd, 2020 at 107.98454
Smart Scan Analysis for AUDPKR
Based on a pre-defined weighted trend formula for chart analysis, AUDPKR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).