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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/Macedonian Denar (FOREX:EURMKD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

FOREX_EURMKD
Open High Low EURMKD Price Change
61.578 61.735 61.544 61.704 +0.126
Entry Signal

MarketClub’s Trade Triangles for EURMKD

long term up The long term trend has been UP since Aug 17th, 2018 at 61.731

intermediate term up The intermediate term trend has been UP since Aug 17th, 2018 at 61.644

short term down The short term trend has been DOWN since Aug 17th, 2018 at 61.564

Smart Scan Analysis for EURMKD

Based on a pre-defined weighted trend formula for chart analysis, EURMKD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.578 61.735 61.544 61.704 +0.126
Prev. Close Volume Bid Ask Time
61.578 61.254 62.154 2018-08-17 18:26:58
Want to analyze Euro/Macedonian Denar EURMKD or another symbol? Try our Free Forex Trend Analysis Report.