Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Canadian Dollar/Pakistani Rupee (FOREX:CADPKR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 CADPKR
The long term trend has been UP since Jan 31st, 2019 at 106.095
The intermediate term trend has been DOWN since Mar 5th, 2019 at 104.170
The short term trend has been DOWN since Mar 20th, 2019 at 104.880
Smart Scan Analysis for CADPKR
Based on a pre-defined weighted trend formula for chart analysis, CADPKR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).