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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.
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MarketClub’s Trade Triangles for EURMKD
The long-term trend has been UP since Jan 30th, 2020 at 61.615
The intermediate-term trend has been UP since Mar 24th, 2020 at 61.675
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).
| 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 |