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Forex Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

British Pound/Macedonian Denar (FOREX:GBPMKD)

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.

FOREX_GBPMKD
Open High Low GBPMKD Price Change
69.3780 69.6650 69.3600 69.5615 +0.1835
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 down The intermediate term trend has been DOWN since Feb 13th, 2018 at 69.1860

short term up The short term trend has been UP since Feb 16th, 2018 at 69.5435

Smart Scan Analysis for GBPMKD

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

+55
Smart Scan Analysis for GBPMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.3780 69.6650 69.3600 69.5615 +0.1835
Prev. Close Volume Bid Ask Time
69.3780 69.0530 70.0700 2018-02-16 13:44:23
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