Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Euro/Macedonian Denar (FOREX:EURMKD)
Strong Uptrend (+100) - EURMKD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURMKD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURMKD
The long-term trend has been UP since Sep 29th, 2021 at 61.625
The intermediate-term trend has been UP since Sep 29th, 2021 at 61.615
The short-term trend has been UP since Sep 29th, 2021 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).