Forex Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
Indian Rupee/Pakistani Rupee (FOREX:INRPKR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 INRPKR
The long term trend has been UP since Mar 12th, 2019 at 2.00530
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 2.30815
The short term trend has been UP since Sep 6th, 2019 at 2.17800
Smart Scan Analysis for INRPKR
Based on a pre-defined weighted trend formula for chart analysis, INRPKR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).