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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
British Pound/Macedonian Denar (FOREX:GBPMKD)
Bear Market Rally (-75) - GBPMKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPMKD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPMKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMKD.
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 GBPMKD
The long-term trend has been DOWN since Jan 14th, 2025 at 73.08309
The intermediate-term trend has been DOWN since Mar 5th, 2025 at 73.65756
The short-term trend has been DOWN since Mar 28th, 2025 at 73.49340
Smart Scan Analysis for GBPMKD
Based on our trend formula, GBPMKD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 73.58533 | 73.59890 | 73.58533 | 73.59890 | +0.01357 |
| Prev. Close | Volume | Bid | Ask | Time |
| 73.58533 | 2025-03-31 09:54:11 |