Forex Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Singapore Dollar/Pakistani Rupee (FOREX:SGDPKR)
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 SGDPKR
The long term trend has been UP since Jan 31st, 2019 at 103.600
The intermediate term trend has been UP since Jan 31st, 2019 at 103.600
The short term trend has been DOWN since Feb 1st, 2019 at 103.005
Smart Scan Analysis for SGDPKR
Based on a pre-defined weighted trend formula for chart analysis, SGDPKR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).