Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

British Pound/Macedonian Denar (FOREX:GBPMKD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

Open High Low GBPMKD Price Change
70.1005 70.1680 70.1005 70.1680 +0.0675
Entry Signal

MarketClub’s Trade Triangles for GBPMKD

long term up The long term trend has been UP since Mar 21st, 2018 at 70.6975

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2018 at 69.9425

short term down The short term trend has been DOWN since May 21st, 2018 at 70.4235

Smart Scan Analysis for GBPMKD

Based on a pre-defined weighted trend formula for chart analysis, GBPMKD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.1005 70.1680 70.1005 70.1680 +0.0675
Prev. Close Volume Bid Ask Time
70.1005 69.6550 70.6810 2018-05-22 03:12:25
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