Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Indian Rupee/Pakistani Rupee (FOREX:INRPKR)
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 INRPKR
The long term trend has been DOWN since Jan 15th, 2019 at 1.66740
The intermediate term trend has been UP since Feb 12th, 2019 at 1.96945
The short term trend has been UP since Feb 21st, 2019 at 1.96320
Smart Scan Analysis for INRPKR
Based on a pre-defined weighted trend formula for chart analysis, INRPKR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).