Forex Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
British Pound/Pakistani Rupee (FOREX:GBPPKR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 GBPPKR
The long term trend has been UP since Jan 17th, 2019 at 179.965
The intermediate term trend has been UP since Jan 17th, 2019 at 179.965
The short term trend has been DOWN since Jan 30th, 2019 at 183.015
Smart Scan Analysis for GBPPKR
Based on a pre-defined weighted trend formula for chart analysis, GBPPKR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).