Forex Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
British Pound/Pakistani Rupee (FOREX:GBPPKR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 GBPPKR
The long term trend has been UP since Jan 17th, 2019 at 179.965
The intermediate term trend has been UP since May 3rd, 2019 at 185.625
The short term trend has been UP since Jul 19th, 2019 at 199.515
Smart Scan Analysis for GBPPKR
Based on a pre-defined weighted trend formula for chart analysis, GBPPKR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).