Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
South African Rand/Pakistani Rupee (FOREX:ZARPKR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 ZARPKR
The long term trend has been UP since Jan 25th, 2019 at 10.26100
The intermediate term trend has been UP since Apr 1st, 2019 at 9.91595
The short term trend has been DOWN since Apr 16th, 2019 at 10.05250
Smart Scan Analysis for ZARPKR
Based on a pre-defined weighted trend formula for chart analysis, ZARPKR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).