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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

British Pound/Moroccan Dirham (FOREX:GBPMAD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 GBPMAD Price Change
12.736 12.736 12.736 12.736 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPMAD

long term up The long term trend has been UP since Jan 23rd, 2019 at 12.4985

intermediate term up The intermediate term trend has been UP since Feb 25th, 2019 at 12.4975

short term down The short term trend has been DOWN since Mar 18th, 2019 at 12.7080

Smart Scan Analysis for GBPMAD

Based on a pre-defined weighted trend formula for chart analysis, GBPMAD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPMAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.736 12.736 12.736 12.736 0.000
Prev. Close Volume Bid Ask Time
12.736 12.385 13.087 2019-03-19 00:02:29
Want to analyze British Pound/Moroccan Dirham GBPMAD or another symbol? Try our Free Forex Trend Analysis Report.