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.
MarketClub’s Trade Triangles for AEDPKR
The long term trend has been UP since Feb 15th, 2019 at 38.0845
The intermediate term trend has been UP since May 9th, 2019 at 38.5705
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).