Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
United Arab Emirates Dirham/Pakistani Rupee (FOREX:AEDPKR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 AEDPKR
The long term trend has been UP since Feb 15th, 2019 at 38.0845
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 43.1190
The short term trend has been DOWN since Aug 16th, 2019 at 43.6180
Smart Scan Analysis for AEDPKR
Based on a pre-defined weighted trend formula for chart analysis, AEDPKR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).