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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Moroccan Dirham/British Pound (FOREX:MADGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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_MADGBP
Open High Low MADGBP Price Change
0.077895 0.078050 0.077895 0.078040 +0.000145
Entry Signal

MarketClub’s Trade Triangles for MADGBP

long term down The long term trend has been DOWN since Sep 18th, 2017 at 0.079200

intermediate term up The intermediate term trend has been UP since Feb 11th, 2018 at 0.078395

short term down The short term trend has been DOWN since Feb 15th, 2018 at 0.078000

Smart Scan Analysis for MADGBP

Based on a pre-defined weighted trend formula for chart analysis, MADGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MADGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.077895 0.078050 0.077895 0.078040 +0.000145
Prev. Close Volume Bid Ask Time
0.077810 0.075980 0.080100 2018-02-19 20:29:25
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