Forex Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
Euro/Pakistani Rupee (FOREX:EURPKR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 EURPKR
The long term trend has been UP since May 16th, 2019 at 160.340
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 177.560
The short term trend has been UP since Aug 20th, 2019 at 175.305
Smart Scan Analysis for EURPKR
Based on a pre-defined weighted trend formula for chart analysis, EURPKR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).