Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
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.
MarketClub’s Trade Triangles for MKDEUR
The long-term trend has been UP since Jul 1st, 2020 at 0.01623068
The intermediate-term trend has been UP since Oct 14th, 2020 at 0.01623068
The short-term trend has been UP since Jan 13th, 2021 at 0.01623068
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).