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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Euro/Macedonian Denar (FOREX:EURMKD)

Countertrend Up (+85) - EURMKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_EURMKD
Open High Low EURMKD Price Change
61.615 61.615 61.615 61.615 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMKD

long term up The long-term trend has been UP since Jan 30th, 2020 at 61.615

intermediate term up The intermediate-term trend has been UP since Mar 24th, 2020 at 61.675

short term up The short-term trend has been UP since Jul 3rd, 2020 at 61.615

Smart Scan Analysis for EURMKD

Based on our trend formula, EURMKD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.615 61.615 61.615 61.615 0.000
Prev. Close Volume Bid Ask Time
61.615 2021-02-26 07:19:58
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