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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

British Pound/Macedonian Denar (FOREX:GBPMKD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
68.8215 68.8470 68.6500 68.7715 -0.0500
Entry Signal

MarketClub’s Trade Triangles for GBPMKD

long term down The long term trend has been DOWN since Jul 19th, 2018 at 68.9165

intermediate term down The intermediate term trend has been DOWN since Jun 11th, 2018 at 69.8325

short term down The short term trend has been DOWN since Aug 16th, 2018 at 68.8895

Smart Scan Analysis for GBPMKD

Based on a pre-defined weighted trend formula for chart analysis, GBPMKD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.8215 68.8470 68.6500 68.7715 -0.0500
Prev. Close Volume Bid Ask Time
68.8215 68.2700 69.2730 2018-08-17 18:26:58
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