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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Macedonian Denar/British Pound (FOREX:MKDGBP)

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 MKDGBP Price Change
0.014438 0.014493 0.014422 0.014467 +0.000029
Entry Signal

MarketClub’s Trade Triangles for MKDGBP

long term down The long term trend has been DOWN since Mar 21st, 2018 at 0.014155

intermediate term up The intermediate term trend has been UP since Jun 11th, 2018 at 0.014325

short term up The short term trend has been UP since Jul 17th, 2018 at 0.014377

Smart Scan Analysis for MKDGBP

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

Smart Scan Analysis for MKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.014438 0.014493 0.014422 0.014467 +0.000029
Prev. Close Volume Bid Ask Time
0.014438 0.014361 0.014573 2018-07-18 23:33:55
Want to analyze Macedonian Denar/British Pound MKDGBP or another symbol? Try our Free Forex Trend Analysis Report.