Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Macedonian Denar/British Pound (FOREX:MKDGBP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for MKDGBP
The long term trend has been UP since Dec 10th, 2018 at 0.014682
The intermediate term trend has been UP since Dec 4th, 2018 at 0.014514
The short term trend has been UP since Dec 3rd, 2018 at 0.014390
Smart Scan Analysis for MKDGBP
Based on a pre-defined weighted trend formula for chart analysis, MKDGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).