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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Myanmar Kyat/British Pound (FOREX:MMKGBP)

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.

FOREX_MMKGBP
Open High Low MMKGBP Price Change
0.000509 0.000509 0.000509 0.000509 0.000000
Entry Signal

MarketClub’s Trade Triangles for MMKGBP

long term up The long term trend has been UP since Dec 4th, 2018 at 0.000507

intermediate term up The intermediate term trend has been UP since Feb 15th, 2019 at 0.000507

short term up The short term trend has been UP since Feb 15th, 2019 at 0.000507

Smart Scan Analysis for MMKGBP

Based on a pre-defined weighted trend formula for chart analysis, MMKGBP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for MMKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000509 0.000509 0.000509 0.000509 0.000000
Prev. Close Volume Bid Ask Time
0.000509 0.000503 0.000516 2019-02-15 08:47:38
Want to analyze Myanmar Kyat/British Pound MMKGBP or another symbol? Try our Free Forex Trend Analysis Report.