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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Pakistani Rupee/Euro (FOREX:PKREUR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_PKREUR
Open High Low PKREUR Price Change
0.005675 0.005675 0.005675 0.005675 0.000000
Entry Signal

MarketClub’s Trade Triangles for PKREUR

long term down The long term trend has been DOWN since May 16th, 2019 at 0.006240

intermediate term down The intermediate term trend has been DOWN since May 16th, 2019 at 0.006274

short term down The short term trend has been DOWN since Jun 9th, 2019 at 0.006045

Smart Scan Analysis for PKREUR

Based on a pre-defined weighted trend formula for chart analysis, PKREUR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for PKREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005675 0.005675 0.005675 0.005675 0.000000
Prev. Close Volume Bid Ask Time
0.005675 0.005623 0.005726 2019-06-19 21:10:27
Want to analyze Pakistani Rupee/Euro PKREUR or another symbol? Try our Free Forex Trend Analysis Report.