Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Hong Kong Dollar/Pakistani Rupee (FOREX:HKDPKR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 HKDPKR
The long term trend has been DOWN since Jan 15th, 2019 at 15.7255
The intermediate term trend has been DOWN since Jan 4th, 2019 at 17.7570
The short term trend has been UP since Feb 12th, 2019 at 17.7945
Smart Scan Analysis for HKDPKR
Based on a pre-defined weighted trend formula for chart analysis, HKDPKR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).