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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

British Pound/Macedonian Denar (FOREX:GBPMKD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_GBPMKD
Open High Low GBPMKD Price Change
69.5050 69.5050 69.3620 69.4175 -0.0875
Entry Signal

MarketClub’s Trade Triangles for GBPMKD

long term up The long term trend has been UP since Nov 1st, 2017 at 70.3605

intermediate term up The intermediate term trend has been UP since Oct 30th, 2017 at 69.6905

short term up The short term trend has been UP since Nov 20th, 2017 at 69.0765

Smart Scan Analysis for GBPMKD

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

+100
Smart Scan Analysis for GBPMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.5050 69.5050 69.3620 69.4175 -0.0875
Prev. Close Volume Bid Ask Time
69.0790 68.9100 69.9250 2017-11-22 19:13:49
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