Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Indian Rupee/Pakistani Rupee (FOREX:INRPKR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 INRPKR
The long term trend has been DOWN since Nov 13th, 2019 at 2.1675000
The intermediate term trend has been UP since Jan 14th, 2020 at 2.1751378
The short term trend has been DOWN since Jan 23rd, 2020 at 2.1699591
Smart Scan Analysis for INRPKR
Based on a pre-defined weighted trend formula for chart analysis, INRPKR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).