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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Macedonian Denar/British Pound (FOREX:MKDGBP)

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_MKDGBP
Open High Low MKDGBP Price Change
0.014678 0.014709 0.014678 0.014693 +0.000015
Entry Signal

MarketClub’s Trade Triangles for MKDGBP

long term up The long term trend has been UP since May 22nd, 2019 at 0.014330

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 0.014106

short term up The short term trend has been UP since Jul 23rd, 2019 at 0.014675

Smart Scan Analysis for MKDGBP

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

+90
Smart Scan Analysis for MKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.014678 0.014709 0.014678 0.014693 +0.000015
Prev. Close Volume Bid Ask Time
0.014678 0.014585 0.014802 2019-07-23 12:07:28
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