Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 HKDPKR
The long term trend has been UP since Jan 3rd, 2020 at 19.906861
The intermediate term trend has been UP since Dec 13th, 2019 at 19.873967
The short term trend has been DOWN since Jan 9th, 2020 at 19.898472
Smart Scan Analysis for HKDPKR
Based on a pre-defined weighted trend formula for chart analysis, HKDPKR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).