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Forex Trend Analysis Report

Prepared for you on Sunday, October 22, 2017.

Euro/Macedonian Denar (FOREX:EURMKD)

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.

Open High Low EURMKD Price Change
61.58 61.58 61.58 61.58 0.00
Entry Signal

MarketClub’s Trade Triangles for EURMKD

long term down The long term trend has been DOWN since Jul 4th, 2017 at 61.317

intermediate term up The intermediate term trend has been UP since Oct 17th, 2017 at 61.587

short term down The short term trend has been DOWN since Oct 18th, 2017 at 61.570

Smart Scan Analysis for EURMKD

Based on a pre-defined weighted trend formula for chart analysis, EURMKD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.58 61.58 61.58 61.58 0.00
Prev. Close Volume Bid Ask Time
61.58 61.13 62.03 2017-10-22 20:53:41
Want to analyze Euro/Macedonian Denar EURMKD or another symbol? Try our Free Forex Trend Analysis Report.