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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

US Dollar/Macedonian Denar (FOREX:USDMKD)

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.

FOREX_USDMKD
Open High Low USDMKD Price Change
54.1385 54.1810 54.0750 54.1250 -0.0135
Entry Signal

MarketClub’s Trade Triangles for USDMKD

long term up The long term trend has been UP since May 2nd, 2018 at 51.095

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2018 at 50.357

short term up The short term trend has been UP since Aug 9th, 2018 at 53.387

Smart Scan Analysis for USDMKD

Based on a pre-defined weighted trend formula for chart analysis, USDMKD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.1385 54.1810 54.0750 54.1250 -0.0135
Prev. Close Volume Bid Ask Time
54.1385 53.7750 54.4750 2018-08-16 17:53:14
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