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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

British Pound/Macedonian Denar (FOREX:GBPMKD)

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_GBPMKD
Open High Low GBPMKD Price Change
71.84632 72.01757 71.75325 71.89138 +0.04506
Entry Signal

MarketClub’s Trade Triangles for GBPMKD

long term up The long term trend has been UP since Sep 20th, 2019 at 69.82500

intermediate term up The intermediate term trend has been UP since Oct 14th, 2019 at 69.96600

short term up The short term trend has been UP since Nov 11th, 2019 at 71.62828

Smart Scan Analysis for GBPMKD

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

+90
Smart Scan Analysis for GBPMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.84632 72.01757 71.75325 71.89138 +0.04506
Prev. Close Volume Bid Ask Time
71.83723 71.36556 72.41720 2019-11-15 10:15:29
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