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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

United Arab Emirates Dirham/Pakistani Rupee (FOREX:AEDPKR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_AEDPKR
Open High Low AEDPKR Price Change
41.057 41.466 41.057 41.466 +0.409
Entry Signal

MarketClub’s Trade Triangles for AEDPKR

long term up The long term trend has been UP since Feb 15th, 2019 at 38.0845

intermediate term up The intermediate term trend has been UP since May 9th, 2019 at 38.5705

short term up The short term trend has been UP since May 9th, 2019 at 38.5475

Smart Scan Analysis for AEDPKR

Based on a pre-defined weighted trend formula for chart analysis, AEDPKR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for AEDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.057 41.466 41.057 41.466 +0.409
Prev. Close Volume Bid Ask Time
41.057 41.248 41.684 2019-05-23 17:32:33
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