Forex Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
Pakistani Rupee/Euro (FOREX:PKREUR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 PKREUR
The long term trend has been UP since Nov 15th, 2019 at 0.00583400
The intermediate term trend has been UP since Oct 28th, 2019 at 0.00580400
The short term trend has been UP since Nov 10th, 2019 at 0.00578422
Smart Scan Analysis for PKREUR
Based on a pre-defined weighted trend formula for chart analysis, PKREUR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).