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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Malawian Kwacha/British Pound (FOREX:MWKGBP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_MWKGBP
Open High Low MWKGBP Price Change
0.001080 0.001083 0.001079 0.001081 +0.000001
Entry Signal

MarketClub’s Trade Triangles for MWKGBP

long term up The long term trend has been UP since May 2nd, 2018 at 0.001005

intermediate term up The intermediate term trend has been UP since Jun 13th, 2018 at 0.001055

short term up The short term trend has been UP since Aug 2nd, 2018 at 0.001051

Smart Scan Analysis for MWKGBP

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

+100
Smart Scan Analysis for MWKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001080 0.001083 0.001079 0.001081 +0.000001
Prev. Close Volume Bid Ask Time
0.001080 0.001068 0.001093 2018-08-17 14:25:16
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