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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Macedonian Denar/Euro (FOREX:MKDEUR)

Strong Uptrend (+100) - MKDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MKDEUR 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 MKDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MKDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MKDEUR
Open High Low MKDEUR Price Change
0.01625178 0.01625443 0.01625178 0.01625443 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for MKDEUR

long term up The long-term trend has been UP since Mar 15th, 2024 at 0.01625917

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 0.01623277

short term up The short-term trend has been UP since Aug 29th, 2024 at 0.01625178

Smart Scan Analysis for MKDEUR

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

+100
Smart Scan Analysis for MKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01625178 0.01625443 0.01625178 0.01625443 +0.00000300
Prev. Close Volume Bid Ask Time
0.01625178 2024-12-09 11:29:31
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