Forex Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
Japanese Yen/Pakistani Rupee (FOREX:JPYPKR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 JPYPKR
The long term trend has been UP since May 7th, 2019 at 1.27865
The intermediate term trend has been DOWN since Aug 29th, 2019 at 1.48045
The short term trend has been DOWN since Aug 29th, 2019 at 1.48455
Smart Scan Analysis for JPYPKR
Based on a pre-defined weighted trend formula for chart analysis, JPYPKR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).