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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Macedonian Denar/US Dollar (FOREX:MKDUSD)
Strong Downtrend (-100) - MKDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MKDUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MKDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MKDUSD.
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 MKDUSD
The long-term trend has been DOWN since Apr 12th, 2024 at 0.01736034
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.01758667
The short-term trend has been DOWN since Apr 10th, 2024 at 0.01757491
Smart Scan Analysis for MKDUSD
Based on our trend formula, MKDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01724952 | 0.01727512 | 0.01724952 | 0.01727512 | +0.00002600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01724952 | 2024-04-16 10:27:49 |