Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Euro/Macedonian Denar (FOREX:EURMKD)
Strong Downtrend (-100) - EURMKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURMKD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURMKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURMKD
The long-term trend has been DOWN since Mar 15th, 2024 at 61.515
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 61.615
The short-term trend has been DOWN since Mar 15th, 2024 at 61.615
Smart Scan Analysis for EURMKD
Based on our trend formula, EURMKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
61.505 | 61.515 | 61.505 | 61.505 | 0.000 |
Prev. Close | Volume | Bid | Ask | Time |
61.505 | 2024-03-19 01:22:18 |