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Forex Trend Analysis Report

Prepared for you on Tuesday, October 22, 2019.

Pakistani Rupee/British Pound (FOREX:PKRGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_PKRGBP
Open High Low PKRGBP Price Change
0.00494517 0.00495735 0.00494517 0.00495735 +0.00001200
Entry Signal

MarketClub’s Trade Triangles for PKRGBP

long term down The long term trend has been DOWN since Jan 15th, 2019 at 0.005556

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2019 at 0.005108

short term down The short term trend has been DOWN since Oct 13th, 2019 at 0.005223

Smart Scan Analysis for PKRGBP

Based on a pre-defined weighted trend formula for chart analysis, PKRGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00494517 0.00495735 0.00494517 0.00495735 +0.00001200
Prev. Close Volume Bid Ask Time
0.00494517 0.00494941 0.00496530 2019-10-22 09:55:41
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