Forex Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 HKDPKR
The long term trend has been UP since Mar 25th, 2019 at 17.8960
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 20.2440
The short term trend has been DOWN since Sep 18th, 2019 at 19.8925
Smart Scan Analysis for HKDPKR
Based on a pre-defined weighted trend formula for chart analysis, HKDPKR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).