Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Swiss Franc/Pakistani Rupee (FOREX:CHFPKR)
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 CHFPKR
The long term trend has been UP since Dec 30th, 2019 at 159.93500
The intermediate term trend has been UP since Dec 13th, 2019 at 158.02370
The short term trend has been DOWN since Jan 20th, 2020 at 159.73884
Smart Scan Analysis for CHFPKR
Based on a pre-defined weighted trend formula for chart analysis, CHFPKR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).