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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Macedonian Denar/British Pound (FOREX:MKDGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low MKDGBP Price Change
0.014571 0.014571 0.014520 0.014554 -0.000017
Entry Signal

MarketClub’s Trade Triangles for MKDGBP

long term up The long term trend has been UP since Jul 19th, 2018 at 0.014510

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2018 at 0.014530

short term up The short term trend has been UP since Sep 21st, 2018 at 0.014436

Smart Scan Analysis for MKDGBP

Based on a pre-defined weighted trend formula for chart analysis, MKDGBP scored +65 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
0.014571 0.014571 0.014520 0.014554 -0.000017
Prev. Close Volume Bid Ask Time
0.014571 0.014448 0.014661 2018-09-24 22:25:54
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